250 Belanger Avenue Timmins, Ontario P4N 2V9

$259,900

Looking for a prime investment or a property to call home? This property is an excellent opportunity, offering the potential for solid cash flow and long-term growth. Perfect for investors who want to take advantage of the 1% Rule in real estate. This well-maintained duplex features a spacious 3 bedroom and 1 bath main floor unit and a 2 bedroom 1 bath basement unit. Ample off street parking for both units, fully fenced in yard with a small storage shed, both units have separate laundry facilities. This property is a fully occupied building providing immediate rental income, making it a compelling option for investors seeking both stability and growth potential. The property's prime location and tenant-ready condition ensure a seamless addition to any portfolio fully tenanted and ready to provide immediate returns. Situated in a highly desirable location, residents enjoy easy access to local amenities, public services, and all the benefits of downtown living. Main floor rents for $1896.25/month, Basement unit rents for$1100/ month. Whether you're an investor looking for consistent cash flow or a homeowner seeking financial assistance from rental income, this duplex is the perfect fit. Don't miss out on this fantastic opportunity! **EXTRAS** Year built 1941, MPAC 301, AGSF 1345, Water & Sewer $1414.22/2024 , Hydro $4741.23/2024, Heat $1261.23/2024 (id:61635)

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