230-232 FIFTH AVENUE W, North Bay, Ontario P1B 3N6
$579,900.00
- 6 bedrooms
- 4 bathrooms
Attention investors, here is the solid return you have been searching for. This is a centrally located, legal four plex consisting of 2-2 bedroom and 2- 1 bedroom units. The larger units have had extensive renovations completed on them along with upgrades to the furnace (2018) and metal roof ( 2020). This building currently generates $61,800 in gross income per year providing a net operating income of almost $43,000 a year. That's over a 7% cap rate. There is lots of room for rent increases as some tenants leave. This is a very well maintained building that would make an impressive addition to any investment portfolio. (id:25417)
- Listing ID: X11990952
- Property Type: Single Family
| Property | |
|---|---|
| Lot Size: | 40.3 by 117 FT Fenced Yard |
| Parking: | No Garage 2 Spaces |
| Building | |
|---|---|
| Type: | Single Family Fourplex |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Fireplace and Forced Air Natural Gas |
| Exterior: | Brick and Vinyl Siding |
| Basement: | Partial (Unfinished) |
| Utilities: | Wireless, Natural Gas Available and Sanitary Sewer |
| Location | |
|---|---|
| City: | North Bay |
| Province: | Ontario |
| Nearby Amenities: | Public Transit, School Bus and Schools |
Book a showing to see this Fifth Avenue West Home in North Bay
This property has so much to offer. Book a private showing now, as you do not want to miss out on 230-232 FIFTH AVENUE W in North Bay, Ontario!
Private Showing Request
Send a request to book a private showing for
.
Please Note: Information you supply in the contact form will be kept fully confidential.
Is this home the right property for you? Start a conversation to find out.
Get Directions to this Property
Not sure where this property is? Get directions to this Fifth Avenue West Home in North Bay.
Provided by Royal LePage Northern Life Realty, Brokerage. MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Have questions or need more information about this home? Don't know where to begin? Then, let us connect you with the best real estate agent to guide you.
Inquiries submitted through this website will be responded to by a local sales representative from Royal LePage®.
Start a Conversation by Text
Provide your full name, phone and email to start a conversation by text message.
Please Note: Information you supply in the contact form will be kept fully confidential.
Start a Conversation by Email
Provide your full name and email to start a conversation by email.
Please Note: Information you supply in the contact form will be kept fully confidential.
