745 MORIN STREET, North Bay, Ontario P1B 5S1
$1,110,000.00
- 8 bedrooms
- 3 bathrooms
Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued ... read more
Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. Roof has recently been re-shingled. (id:25417)
- Listing ID: X13501156
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 50 by 125 FT |
| Parking: | No Garage 4 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Triplex |
| Appliances: | Dryer, Refrigerator, Stove, Washer and Water Meter |
| HVAC: | Fireplace and Radiant Heat Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | North Bay |
| Province: | Ontario |
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