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$ 475,900
Est. payment /mo
Active Under Contract
455 Fourth AVE Black River-matheson, ON P0K 1N0
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active Under Contract
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Matheson
MLS Listing ID T12298416
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,494
Tax Year 2025
Property Sub-Type Detached
Property Description
Investors Dream Turnkey Duplex with Positive Cash Flow Located in the heart of Matheson (near Timmins), ON. Appraised Higher Than Asking. It is fully rebuilt and beautifully renovated duplex with long-term value. This property features 2 fully separate and city-approved 2-bedroom units, currently leased for $7,800/month to a reputable paving company providing reliable, high-yield rental income. Fully Furnished: Includes TVs, beds, cutlery, furniture. All New Features: Walls, Spray-Form Insulation, Flooring (durable, high quality, water-heater), and Roofing. Stainless steel appliances in 2 separate Kitchens. New washer & dryer (shared laundry in basement). New windows and doors. Large Lot with potential for future expansion of additional rental units. Utilities included! Steps from Black River. Minutes from Bingham Memorial Hospital. Optional Property Maintenance Services by Seller. This is a hassle-free, income-generating property in a prime location. A rare turnkey opportunity in a high-demand rental area, ideal for corporate housing or long-term investment.
Location
Province ON
County Cochrane
Area Cochrane
Body of Water Black River
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Other, Carpet Free
Cooling Window Unit(s)
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 176.0
Lot Depth 136.0
Total Parking Spaces 4
Building
Building Age 51-99
Foundation Concrete
Others
Senior Community No
ParcelsYN Yes
Listed by LANDMARK REAL ESTATE CENTRE INC.
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