Located in Trail's historic Gulch neighbourhood, this well-maintained up/down duplex presents a great opportunity for first-time home buyers and investors alike. With quiet, reliable tenants already in place paying current market rental prices, the property offers immediate income and long-term flexibility. The home features two self-contained suites plus a versatile, unfinished lower level, with a total of three bedrooms and three full bathrooms, plus a potential fourth bedroom downstairs. The main-floor suite includes two bedrooms, a full bathroom, kitchen, living room, and convenient mud room, offering a comfortable and functional layout. The upper-level suite features a spacious bedroom, kitchen, full bathroom, and a den currently used as a walk-in closet. The above-ground lower level is unfinished and is currently divided into 3 sections: a shared laundry room and two locked and heated storage units for the tenants' use. This level includes an additional full 4-piece bathroom and provides excellent potential to significantly expand the main-floor suite and enhance future rental income. Also included in this listing is an adjacent flat lot that is fully serviced (power, gas, water, sewer) with R3 zoning which allows for up to 4 principal dwelling units, adding valuable flexibility and future potential. The lot could serve as additional open parking for residents of the duplex and may offer the opportunity to build a garage, potentially with a suite above, subject to approvals. Whether you’re looking to offset your mortgage as a first-time buyer or add a solid property to your investment portfolio, this duplex offers steady income, development potential, and a prime location close to local amenities. (id:6769)