CAONNorth BayDowntown147 2Nd Ave E
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147 2nd Ave E, North Bay, ON

Real Estate

Sold

$--,---,---
$320,000

532

MLS® X12124709

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage No
Taxes $4,243
Lot Size 
Approx. Age 
MLS® Number X12124709

Property Address: 147 2nd Ave E, North Bay, ON, P1B1L3

Average square foot calculated using Size range provided by listing agent.

Description

Searching for the perfect opportunity to enter the investment market? This could be the opportunity you've been waiting for! Priced competitively, this legal, non-conforming all-brick triplex offers a gross income of $41, 086 and an impressive 8% cap rate. The property is centrally located offering easy access to shopping, schools, and a full range of amenities. Its prime location along a public transit route makes it an excellent choice for tenants without vehicles. The main floor features a recently renovated, vacant 3-bedroom unit, ready for new tenants or an owner looking to live on-site while benefiting from rental income. The second-floor 2-bedroom unit & third-floor bachelor unit are both occupied by reliable long-term tenants. For added peace of mind, each unit is separately metered. The partially finished basement offers added storage for the owners belongings. Overall this property offers everything you need to start your rental property portfolio. Coin Operated Laundry generates approx. $1000. Rents are: Bachelor:$717(inclusive of Hydro), 2 Bed: $841+Hydro, 3 Bed: $1, 850+Hydro(Projected as Currently Vacant).Show Description
MLS® NumberX12124709
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementPartially Finished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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147 2 Nd Ave E, North Bay, ON

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