923 Fraser Street, North Bay, ON

Description

Welcome to 923 Fraser Street, a versatile legal duplex offering an excellent opportunity for both investors and owner-occupiers alike. Situated on a beautifully treed lot with a fully fenced backyard, this property provides flexible living arrangements, income potential, and a convenient central location.The main floor unit has been tastefully updated and features a living room, two bedrooms, two bathrooms, including a 2-piece and a 3-piece bathroom, its own laundry facilities, and a spacious kitchen. Many of the flooring surfaces have been updated, creating a fresh and comfortable living space. This unit enjoys a separate front entrance with a cozy front porch as well as direct access to the parklike backyard. Currently, one of the bedrooms is rented to a month-to-month tenant, offering immediate income while still providing flexibility for future use (two other rooms were rented however both have become vacant).The upper unit spans two levels and features it's own laundry, a large private entrance, galley-style kitchen, living room, flex space ideal for a home office or hobby area, and a bedroom on the main level of the apartment. The third floor offers a second bedroom, creating a spacious and unique layout. The upper tenants currently have a one-year lease in place and also enjoy access to the large backyard. The main floor unit is heated by a forced-air natural gas furnace, while the upper unit has electric heat, paid directly by the tenant. Additional updates include a recently updated shingles and a renovated workshop/large shed which provides excellent storage or workspace options. Parking is available for up to three vehicles. Whether you're looking to add to your investment portfolio or live in one unit while generating rental income from the other, this property offers plenty of options.