$499,900

Investment For Sale In North Bay (Central), Ontario

$499,900

Property Information:

Excellent investment opportunity in downtown North Bay. This solid income property features three self-contained 1-bedroom units plus a legal 3-room rooming house on the second floor, offering strong and consistent cash flow. Numerous upgrades completed within the past 3-6 years include fresh paint, new flooring, updated kitchens and bathrooms, a 200-amp electrical panel, and owned furnace and hot water tank replaced approximately 3 years ago. Tenants enjoy on-site coin laundry and an unbeatable location within walking distance to shopping, restaurants, public transit, GoodLife Fitness, and the waterfront. A rare, high-performing asset in a prime location-tenants love the convenience, and investors will love the returns. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Fire Protection: CO2 Detector, Smoke Detectors
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5+1
  • Bathrooms: 4
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 99.8 Feet
  • Lot Frontage: 29.8 Feet
  • Lot Size: 29.9 x 99.8 FT
  • Zoning: C2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Courtesy of: Coldwell Banker-Peter Minogue R.E., Brokerage

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.