$475,900
Available - For Sale
Listing ID: T12298416
455 Fourth Aven , Black River-Matheson, P0K 1N0, Cochrane
| Investors Dream Turnkey Duplex with Positive Cash Flow Located in the heart of Matheson (near Timmins), ON. Appraised Higher Than Asking. It is fully rebuilt and beautifully renovated duplex with long-term value. This property features 2 fully separate and city-approved 2-bedroom units, currently leased for $7,800/month to a reputable paving company providing reliable, high-yield rental income. Fully Furnished: Includes TVs, beds, cutlery, furniture. All New Features: Walls, Spray-Form Insulation, Flooring (durable, high quality, water-heater), and Roofing. Stainless steel appliances in 2 separate Kitchens. New washer & dryer (shared laundry in basement). New windows and doors. Large Lot with potential for future expansion of additional rental units. Utilities included! Steps from Black River. Minutes from Bingham Memorial Hospital. Optional Property Maintenance Services by Seller. This is a hassle-free, income-generating property in a prime location. A rare turnkey opportunity in a high-demand rental area, ideal for corporate housing or long-term investment. |
| Price | $475,900 |
| Taxes: | $2494.00 |
| Occupancy: | Tenant |
| Address: | 455 Fourth Aven , Black River-Matheson, P0K 1N0, Cochrane |
| Directions/Cross Streets: | 2nd Street / Fourth Ave in Matheson, ON |
| Rooms: | 10 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Brick, Aluminum Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Radiant |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
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| LANDMARK REAL ESTATE CENTRE INC. |
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Cochrane |
| Municipality: | Black River-Matheson |
| Neighbourhood: | Matheson |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $2,494 |
| Beds: | 4 |
| Baths: | 2 |
| Fireplace: | Y |
| Pool: | None |
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