6 Bedroom
3 Bathroom
2,000 - 2,500 sqft
None
Forced Air
$429,900
Properties like this don't come along often! This impressive income-generating duplex offers the perfect combination of space, functionality, and investment potential. With each unit featuring approximately 1,214 sq. ft. of living space spread over multiple levels, this is far from your typical duplex. Unit 391 features 3 bedrooms and 1 bathroom, while Unit 399 offers 3 bedrooms and 1.5 bathrooms, providing comfortable living spaces that appeal to a wide range of tenants. Both units enjoy access to a large shared backyard, offering plenty of outdoor space for relaxation and recreation. This investment is made even more attractive with tenants responsible for their own heat and hydro costs, helping to keep operating expenses lower for the owner and maximizing cash flow. Several updates have been completed in recent years, including a repaired deck (2023), a new roof (2024), two new dryers (2023), a new stove in Unit 391 (2024), and cosmetic improvements completed in Unit 399 (2024).With established rental income, major updates already completed, and utility costs largely covered by the tenants, this cash-flowing duplex is an excellent opportunity for investors looking to expand their portfolio or enter the income property market. (id:47351)
Property Details
|
MLS® Number
|
T13232784 |
|
Property Type
|
Multi-family |
|
Community Name
|
TNE - Hill District |
|
Amenities Near By
|
Hospital, Public Transit |
|
Community Features
|
School Bus |
|
Equipment Type
|
Water Heater - Gas, Water Heater |
|
Features
|
Carpet Free |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater - Gas, Water Heater |
|
Structure
|
Shed |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Total
|
6 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
N/a (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Concrete |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,000 - 2,500 Sqft |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Hospital, Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
103 Ft |
|
Size Frontage
|
63 Ft |
|
Size Irregular
|
63 X 103 Ft |
|
Size Total Text
|
63 X 103 Ft |
|
Zoning Description
|
Na-r3 |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29845388/391-399-murdock-avenue-timmins-tne-hill-district-tne-hill-district
