107 Third Avenue North East Geraldton ON $169,900

 

Fantastic investment opportunity in Geraldton, Ontario! This well-kept 3-bedroom, 2-unit home comes with a separate detached backyard bachelor unit, offering excellent rental income potential. The front 1-bedroom apartment features updated flooring and fresh paint throughout and was previously rented for $900/month. The back 2-bedroom, 1.5-storey unit rented for $1,200/month, while the standalone bachelor home?complete with underground electrical and electric heat?brought in $1,000/month. The main house boasts updated flooring throughout and is heated with a high-efficiency natural gas furnace. A convenient drive-through driveway provides both front and back access. With the future Ring of Fire development nearby, now is the time to invest before prices rise?this property is a great money maker in a growing area! Never been to Geraldton?? Geraldton has two town mottos ? ?Spirit of the North? and ?The Friendly Town with a Heart of Gold?.  It?s obvious that the town has put its golden heart to good use, as it is one of the most actively and professionally marketed towns in northern Ontario. It's located on the shores of the Kenogamisis Lake and has a great golf course too! Besides great fishing and hunting - here's a link to some information about Geraldton  - situated in greenstone ontario http://www.greenstone.ca/ Presented by: Wendy Ferris Sales Representative 624-8452 wendy.ferris@century21.ca