Latest news with #duplex
News.com.au
4 days ago
- Business
- News.com.au
How this Sunshine North duplex could earn $1m
A Sunshine North duplex passed in at auction on Saturday despite strong interest, but agents say the right buyer could unlock a six-figure windfall with just $15,000 worth of work. The property at 44 Ford Ave offers two self-contained homes on a single title, with 95 per cent of subdivision work already signed off. Only water meter separation remains, paving the way for two individually sellable properties with an estimated combined value of $1.06m. With $800,000-$880,000 price hopes, the dual-dwelling set up attracted 18 inspection groups, 12 inquiries and six contract requests — but failed to meet reserve under the hammer. The Agency Victoria's Jim Christou said buyers were circling the opportunity to rent both units or live in one while selling the other. 'You've got two complete homes here, both with their own kitchen, bathroom, and living zones,' Mr Christou said. 'The front is already leased for $450 a week, and the rear was kept vacant for the sale, but it could easily match that. 'That's $900 a week, with the chance to split the titles and bank the equity later.' Unit 1 features polished timber floors, a full-sized kitchen, and a lounge with split zones for dining and living. The rear home offers an equally spacious tiled layout, light-filled bedrooms, retro bathroom, and private backyard, ideal for multigenerational living, investors or resale. 'There's real potential for equity growth here — whether you hold both, sell one, or flip them once subdivided,' Mr Christou said. 'And the owner's already done all the hard work. You're stepping in with the finish line in sight.' Mr Chirstou said Sunshine North's low turnover made comparable sales difficult to find, but also reflected the area's stability and appeal. 'It's a tightly held suburb. Once people move in, they don't leave — even renters,' he said. 'We actually had more traction on this last winter, which is unusual, but I can feel buyer confidence returning.' The property remains available for private sale.
Globe and Mail
7 days ago
- Business
- Globe and Mail
MORE® Lists Prime Duplex Investment Opportunity in South Los Angeles with Income and Redevelopment Upside
"MORE®" Turnkey modern duplex at 9128–9130 Menlo Ave provides solid rental income, with R2-1 zoning and TOC Tier 3 designation offering strong long-term redevelopment potential. MORE®, a leading commercial real estate brokerage, is proud to announce the exclusive listing of 9128–9130 Menlo Ave in South Los Angeles. This 2010-built duplex features two spacious 4-bedroom, 2-bathroom units totaling ±2,546 square feet, positioned on a ±5,203-square-foot lot. Move-in ready and fully detached, the property offers an ideal opportunity for owner-users, investors, or developers seeking income, flexibility, and long-term upside. Each unit has been recently upgraded with new flooring, carpet, fresh paint, water heaters, and in-unit laundry hookups. A long driveway leads to a detached 2-car garage with potential for ADU conversion, creating additional value for future development. Strategically located in an R2-1 zoned parcel within TOC Tier 3, the property benefits from favorable zoning for increased density and redevelopment. Its prime South LA location places it minutes from major attractions such as Sofi Stadium, Intuit Dome, USC, Downtown Los Angeles, and Exposition Park, offering excellent connectivity and sustained rental demand. 'This listing is a compelling blend of immediate income generation and long-term development potential,' said John Ha, Chief Executive Officer and Broker of MORE®. 'With modern construction, updated interiors, and a location at the center of South LA's transformation, 9128–9130 Menlo Ave is well-positioned for forward-thinking buyers.' With proximity to major freeways and some of LA's most dynamic entertainment, educational, and cultural hubs, this duplex represents a rare turnkey investment in one of the city's most rapidly evolving neighborhoods. For more information on available listings, investment opportunities, or to learn more about the firm's services, visit or contact MORE® directly at +1 424 666 8133. ABOUT MORE® MORE® is a leading Los Angeles-based commercial real estate brokerage specializing in investment sales, property management, leasing, and advisory services. With a proven track record of over $400 million in closed transactions, MORE® is committed to delivering tailored solutions that help investors, landlords, and developers achieve long-term success in one of the nation's most competitive and dynamic real estate markets.
CTV News
21-07-2025
- General
- CTV News
Duplex fire results in no injuries
No one was hurt following a fire at a duplex in North Central Regina. (Source: X/Regina Fire) No one was hurt following a fire at a duplex in North Central Regina. According to Regina Fire and Protective Services (RFPS), crews were called to the scene of a duplex fire on the 1400 block of Garnet Street at 3:16 a.m. Heavy smoke and flames were witnessed by firefighters upon their arrival. The flames were eventually quelled, and crews were able to carry out their searches. No injuries were reported. The cause of the fire is under investigation.
Yahoo
14-07-2025
- General
- Yahoo
Moncton man still waiting for a refund 6 months after meter mix-up discovered
After paying the wrong power bill for more than four years and six months after discovering the unusual error, a Moncton man is still waiting for his refund. "It shouldn't take six months to figure out," Darren James said. "It's very frustrating ... we're still putting money away for the power bill. But at the same time, we don't know if it's enough, if it's too much." James moved into a newly built duplex in August 2020, with his neighbours moving in shortly afterwards. Neither realized that when their power meters were installed, they were tied to the wrong address. WATCH | This man has waited 6 months for a refund on his N.B. Power bill: James quickly found that his power bills were higher than he expected and they kept rising, no matter what he did to try and cut consumption. "It seemed a reasonable amount, but then at the end of the year it increased by a significant amount. So we're like, OK, we'll scale back on what we're using, keep the heat a little lower, maybe use baseboards less, use the heat pump a bit more and try and keep it so that we're comfortable and it's affordable," he said. "Then we get our end of the year bill. We're below again, we owe more. It continued on like that for four years." Meanwhile his neighbours — who were receiving James's bill — saw their bill continue to fall while not changing their power consumption habits. The mistake was found in January when a technician arrived to install new smart meters. But now, nearly seven months later, New Brunswick Power has yet to correct the billing mistake or even change the meters to ensure they are properly tied to the two units. "No one's reached out to us from N.B. Power to say once we get this sorted out, you can get your smart meters," he said. "They haven't set anything up to correct the problem." N.B. Power maintains that meter issues are rare, but with 280,000 meters changed in the last few years as part of the province-wide smart meter rollout, mistakes do happen. The utility told CBC News that when an issue is discovered they work with the customer to correct it and provide an appropriate remedy. "If a meter mix-up is detected we strive to correct it within a 30-day billing cycle," said spokesperson Elizabeth Fraser. "Depending on the length of time and complexity of the situation, the correction may take longer. If a mistake does happen, we work with the customer to make it right and aim to keep them informed." James says he's been frustrated by the lack of proactive communication since the mistake was discovered. He says each time he's called in the last three months, customer service representatives told him that these types of mistakes take time to fix. "They know where the two meters are," James said. "If they couldn't locate one of them, that would be understandable; if there was a problem with the billing system, but the bills came on time for five years." In many cases, when meters are mixed up, customers receive credits on their account. But James says he wants to be paid the difference. "We don't really want a credit from N.B. Power because we've paid that money. I want my money back," he said. "I might not necessarily stay in this area. I might leave the province, then I've got a credit from N.B. Power. If I had my money back, I could use that for whatever I wanted to use it for."
CBC
14-07-2025
- General
- CBC
Moncton man still waiting for a refund 6 months after meter mix-up discovered
After paying the wrong power bill for more than four years and six months after discovering the unusual error, a Moncton man is still waiting for his refund. "It shouldn't take six months to figure out," Darren James said. "It's very frustrating ... we're still putting money away for the power bill. But at the same time, we don't know if it's enough, if it's too much." James moved into a newly built duplex in August 2020, with his neighbours moving in shortly afterwards. Neither realized that when their power meters were installed, they were tied to the wrong address. WATCH | This man has waited 6 months for a refund on his N.B. Power bill: After 4 years paying the wrong power bill, it's been 6 months and counting for a refund 3 minutes ago Duration 2:21 James quickly found that his power bills were higher than he expected and they kept rising, no matter what he did to try and cut consumption. "It seemed a reasonable amount, but then at the end of the year it increased by a significant amount. So we're like, OK, we'll scale back on what we're using, keep the heat a little lower, maybe use baseboards less, use the heat pump a bit more and try and keep it so that we're comfortable and it's affordable," he said. "Then we get our end of the year bill. We're below again, we owe more. It continued on like that for four years." Meanwhile his neighbours — who were receiving James's bill — saw their bill continue to fall while not changing their power consumption habits. The mistake was found in January when a technician arrived to install new smart meters. But now, nearly seven months later, New Brunswick Power has yet to correct the billing mistake or even change the meters to ensure they are properly tied to the two units. "No one's reached out to us from N.B. Power to say once we get this sorted out, you can get your smart meters," he said. "They haven't set anything up to correct the problem." N.B. Power maintains that meter issues are rare, but with 280,000 meters changed in the last few years as part of the province-wide smart meter rollout, mistakes do happen. The utility told CBC News that when an issue is discovered they work with the customer to correct it and provide an appropriate remedy. "If a meter mix-up is detected we strive to correct it within a 30-day billing cycle," said spokesperson Elizabeth Fraser. "Depending on the length of time and complexity of the situation, the correction may take longer. If a mistake does happen, we work with the customer to make it right and aim to keep them informed." James says he's been frustrated by the lack of proactive communication since the mistake was discovered. He says each time he's called in the last three months, customer service representatives told him that these types of mistakes take time to fix. "They know where the two meters are," James said. "If they couldn't locate one of them, that would be understandable; if there was a problem with the billing system, but the bills came on time for five years." In many cases, when meters are mixed up, customers receive credits on their account. But James says he wants to be paid the difference. "We don't really want a credit from N.B. Power because we've paid that money. I want my money back," he said.
