202 Balsam Street S Timmins, Ontario P4N 2E4
$229,900
Excellent Investment Opportunity Vacant Duplex with Strong Rental Potential! If youre looking to break into the real estate investment market, look no further. This duplex offers immediate income potential with both units vacant upon closing perfect for setting your own rents or moving in while renting out the other unit. The main floor unit features a spacious 2-bedroom layout, ideal for small families or working professionals, while the upper unit offers a cozy and bright 1-bedroom apartment. Both units share convenient on-site laundry. Additional perks include parking for up to four vehicles, making it attractive for tenants with multiple cars or guests. Projected market rents are strong, with the 2-bedroom unit estimated at $1,500$1,600/month all-inclusive, and the 1-bedroom unit at $1,100/month all-inclusive. Whether you're an investor or a homeowner looking to offset your mortgage, this property checks all the boxes. (id:50886)
Property Details
| MLS® Number | T12067794 |
| Property Type | Multi-family |
| Community Name | TS - SE |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Total | 2 |
| Age | 51 To 99 Years |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 56 Ft ,4 In |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 56.4 Ft |
| Size Total Text | 30 X 56.4 Ft|1/2 - 1.99 Acres |
| Zoning Description | Ea-cg |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28133443/202-balsam-street-s-timmins-ts-se-ts-se
Contact Us
Contact us for more information
Marcus Richard
Salesperson
11 Rea St. N.
Timmins, Ontario P4N 4Z5
(705) 268-2129
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April 22 2025 09:23:05
Timmins Cochrane & Timiskaming District Association of REALTORS®
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