202 BALSAM STREET S, Timmins, Ontario
$229,900
- 2 Beds
- 2 Baths
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:56241)
- Listing ID: T12067794
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 202 BALSAM STREET S in Timmins Ontario. It was last modified on April 7th, 2025. Contact us to schedule a viewing or to discover other Timmins real estate for sale.