**Exciting Investment Opportunity in Forest Park** Welcome to this incredible legal duplex in the highly desirable Forest Park neighborhood, an ideal location close to amenities, Lakehead University, and public transportation. Whether you're a savvy investor or looking for a place to call home with rental income potential, this property... Show More
**Exciting Investment Opportunity in Forest Park** Welcome to this incredible legal duplex in the highly desirable Forest Park neighborhood, an ideal location close to amenities, Lakehead University, and public transportation. Whether you're a savvy investor or looking for a place to call home with rental income potential, this property offers endless possibilities. The **main floor unit** boasts a spacious layout featuring **four bedrooms**, **two bathrooms**, and the convenience of **in-suite laundry**. The large back bedroom could easily be used as a second family room. Perfect for families or students, this unit is currently tenanted, providing immediate income potential. The **newly legalized basement apartment** is a bright and well designed **one-bedroom, one-bathroom unit** also featuring **in-suite laundry**, that’s ready for a tenant—or for you to set up as a guest suite or additional family space. With its separate entrance and vacant status, it’s a flexible addition to this property’s income-generating potential. An undeveloped attached garage with rear room presents a **unique opportunity** to expand further. With the possibility to add a **third suite**, you may be able to take advantage of the **City of Thunder Bay grant** for creating an additional dwelling unit (ADU). This could significantly boost your investment returns. This is a rare chance to own a versatile property in one of Thunder Bay’s most sought-after neighborhoods. Don’t miss out—schedule your private viewing today and explore the full potential of this fantastic investment! (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Living room
11′11″ x 12′9″
Kitchen
10′11″ x 16′9″
Bedroom
10′3″ x 12′3″
Living room
13′0″ x 15′0″
Kitchen
9′6″ x 18′7″
Bedroom
Bedroom
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For Sale Nearby
Sold Nearby
- 4
- 4
- 1,500 - 2,000 Sq. Ft.
- 4
- 2
- 4
- 2
- 1
- 1
- 3
- 2
- 3,000 - 3,500 Sq. Ft.
- 5
- 4
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 700 - 1,100 Sq. Ft.
- 4
- 3
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