923 Fraser Street, North Bay, ON

Description

Welcome to 923 Fraser Street, a well-maintained legal duplex offering exceptional flexibility for investors and owner-occupiers alike. Situated on a beautifully treed lot with a fully fenced backyard, this property combines strong income potential with comfortable living in a convenient central location.The main-floor unit has been tastefully updated and features a bright living room, two spacious bedrooms, two bathrooms (including a 2-piece and a 3-piece bath), a large kitchen, and private in-suite laundry. Updated flooring throughout much of the unit enhances its modern appeal. Residents enjoy a separate front entrance with a welcoming covered porch, as well as direct access to the park-like backyard. The unit is currently rented for $2,050 per month on month to month basis.The upper unit spans two levels and offers a unique and functional layout. It includes a private entrance, galley-style kitchen, living room, versatile flex space ideal for a home office or hobby area, in-suite laundry, and a bedroom on the main level. The third floor provides an additional bedroom, creating a spacious and distinctive living environment. The upper unit is currently leased on a one-year term and generates $1,251.18 per month, with the tenant responsible for heat and hydro.The main-floor unit is heated by a forced-air natural gas furnace, while the upper unit is serviced by electric heat paid directly by the tenant. Recent improvements include updated shingles and a renovated workshop/large shed, providing excellent storage and workspace options.Additional features include parking for up to three vehicles and shared access to the expansive backyard.Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, 923 Fraser Street presents an outstanding opportunity with strong cash-flow potential and flexible living arrangements.