303 River Ave, RAINY RIVER, Ontario P0W 1L0

Listed for:
$194,900
0 beds
0 baths
Listed 313 days ago
Duplex for rent: 303 River Ave, RAINY RIVER, Ontario P0W 1L0

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Listing provided by:
RE/MAX NORTHWEST REALTY LTD.
MLS® number:
TB231210
Agent:
Kerry Pasloski
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About

Property is located right across from Hannam Park and the main dock on River Ave in Rainy River. 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:27476)

Property Highlights

Type
Duplex
Cooling type
Air Conditioned, Central air conditioning
Heating fuel
Fireplace
No
Construction material
Hardboard
Parking space
Ownership Type
Amenities nearby

Location

Summary

Don't miss out on this investment opportunity for a 2 unit duplex offering approximately 3000 sq. ft. of living space. With the potential to be converted into 3 units, and even 4 if the garage is transformed into a suite, this property has plenty of room for growth. Recently, the house and garage have been updated with new asphalt shingles, soffit, and facia, while the yard has been regraded and reseeded with grass.

The main level features a 2 bedroom, 1 bathroom suite with its own laundry, original hardwood floors, a fireplace, and unique moldings. The upper unit consists of 1 bedroom, 1 bathroom, and its own laundry, with the potential to add a second bedroom. Additionally, there is a loft area above the upper unit that could be finished and used as an extra bedroom or teen haven. The basement, currently used for storage, could also be converted into a suite. The heated garage is zoned commercial, offering the potential to start a business.

Located in a beautiful area with stunning views of the Rainy River, this property is situated right in front of Hannam Park, the walking trail, and the main docking system for Rainy River. Whether you're interested in purchasing it as an investment or income property, or living in one unit and renting out the other, the possibilities are endless. Come and see it for yourself today!

This property is for sale and is situated on a land size of under 1/2 acre at 303 River Ave in Rainy River, Ontario. The postal code for this property is P0W1L0, and it is located in the community of Rainy River. The cooling type is air conditioned with central air conditioning, and the building exterior finish is hardboard. Heating is provided by baseboard heaters and forced air, and the property consists of 2 stories. This property is classified as a duplex.