CAONNorth BayGateway230-232 Fifth Ave W
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230-232 Fifth Ave W, North Bay, ON

Real Estate

Sold

$--,---,---
$539,900

642

MLS® X12192182

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage No
Taxes $5,400
Lot Size 
Approx. Age 
MLS® Number X12192182

Property Address: 230-232 Fifth Ave W, North Bay, ON, P1B3N6

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

Description

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.Show Description
MLS® NumberX12192182
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementPartial Basement, Unfinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Commute

Starting Address
Destination Address
232 Fifth Ave W, North Bay, ON

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