**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:56069)
| MLS® Number | TB243708 |
| Property Type | Multi-family |
| Community Name | Thunder Bay |
| Communication Type | High Speed Internet |
| Community Features | Bus Route |
| Basement Type | Full |
| Constructed Date | 1978 |
| Foundation Type | Concrete Perimeter |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,534 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 60.0000 |
| Size Total Text | Under 1/2 Acre |
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/27729762/946-john-st-thunder-bay-thunder-bay
Contact us for more information
Ryan Campbell
Salesperson
(807) 623-5011
(807) 623-3056
WWW.ROYALLEPAGETHUNDERBAY.COM
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