5 Bedroom
4 Bathroom
1,534 ft2
Bi-Level
Fireplace
Forced Air
$449,900
**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:35492)
Property Details
MLS® Number
|
TB243709 |
Property Type
|
Single Family |
Community Name
|
Thunder Bay |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
4 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
5 |
Appliances
|
Stove, Dryer, Dishwasher, Refrigerator, Washer |
Architectural Style
|
Bi-level |
Basement Development
|
Partially Finished |
Basement Type
|
Full (partially Finished) |
Constructed Date
|
1978 |
Construction Style Attachment
|
Detached |
Fireplace Present
|
Yes |
Fireplace Total
|
1 |
Foundation Type
|
Poured Concrete |
Half Bath Total
|
1 |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
1 |
Size Interior
|
1,534 Ft2 |
Parking
Land
Acreage
|
No |
Size Frontage
|
60.0000 |
Size Total Text
|
Under 1/2 Acre |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Living Room |
|
|
12'9"x11'11" |
Basement |
Kitchen |
|
|
16'9"x10'11" |
Basement |
Bedroom |
|
|
12'3"x10'3" |
Main Level |
Living Room |
|
|
15'x13' |
Main Level |
Kitchen |
|
|
18'7"x9'6" |
Main Level |
Bedroom |
|
|
19'1"x11'2" + 11'6"x11'7" |
Main Level |
Bedroom |
|
|
9'4"x11'5" |
Main Level |
Bedroom |
|
|
10'8"x9'9" |
Main Level |
Bedroom |
|
|
13'8"x9'7" |
Main Level |
Bathroom |
|
|
4 Piece |
Utilities
Cable
|
Available |
Electricity
|
Available |
Natural Gas
|
Available |
Telephone
|
Available |
https://www.realtor.ca/real-estate/27729911/946-john-st-thunder-bay-thunder-bay