$194,900 FOR SALE

Duplex

303 River Ave
Rainy River, ON P0W 1L0

Investment opportunity awaits for this 2 unit duplex with approx 3000 sq. ft. of living space. This property has potential to be 3 units, let alone 4 if the garage was converted into a suite. House and garage just had new asphalt shingles, soffit and facia installed with the yard having had regrading and grass reseeding. Main level has a 2 Br 1 bath suite with it's own laundry and has plenty of space and character with original hardwoods, fireplace and mouldings. Upper unit is a 1 Br 1 bath with its own laundry and plenty of space to add a second bedroom. Above the Upper unit is a loft area which could be finished off and used as another bedroom, teen Haven! Basement is currently used for storage but could be made into a suite. Garage is heated and zoned commercial so if wanting to start up a business you have the ability! Beautiful location with beautiful views of the Rainy River, right out front is Hannam Park, the walking trail and main docking system for Rainy to launch your boat or just to throw a line in and catch supper! Buy it as a investment/income property or live in one unit and rent out the other, possibilities are endless so come check it out today! (id:47423)

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Listed By RE/MAX NORTHWEST REALTY LTD.
Data Provided By Thunder Bay Real Estate Board
MLS® Listing Number TB231210
Last Updated Apr 10, 2024
Property Summary
Property Type Duplex

More like this:
Community RAINY RIVER
Price History
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Detailed Information
Communication Type High Speed Internet
Community Features Bus Route
Listing Contract Date 2023-05-23
Location Description Property is located right across from Hannam Park and the main dock on River Ave in Rainy River.
Municipal ID 560560328
Property Type Multi-family
Storage Storage Shed
Structures Patio(s), Deck, Workshop
Transaction Type For sale
Building
Age 123 years
Amenities Laundry Facility
Basement Type Partial
Cooling Type Air Conditioned, Central air conditioning
Exterior Finish Hardboard
Foundation Type Concrete Perimeter
Heating Type Baseboard heaters, Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Gravel
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size under 1/2 acre
Access Type Road access
Fence Type Fenced yard
Sewer Municipal sewage system

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