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245 Mattawa St, North Bay, ON

Name: 245 Mattawa St, For Sale in North Bay - eXp Realty
Brand: REALTY EXECUTIVES Local Group Inc. Brokerage
SKU: X13473520
Price: 1695000 CAD

House

For Sale

$--,---,---

12814

MLS® X13473520

Property Details
Map

Description

Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades to each residential unit plus a fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 3 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building, Gross Income $177, 309 with Net income $119, 124 and a Cap Rate of 7.03 including vacancy, utilities, taxes, maintenance and a 5% property management line. A detailed income and expense statement is available, additional supporting documentation provided upon request. All photos are before tenants moved in.Show Description

Key Facts

Type Multi Family

Levels Residential

Size -

Garage Built-In

Taxes $16,190

Days Active 94

MLS® Number X13473520

Central VacNo

FireplaceNo

GarageBuilt-In

BasementOther

DrivewayGarage Type:Built-In

HeatGas, Water

A/CNone

Additional Information

Zoning M2

Roofing Asphalt

Siding Brick, Stucco

Sewage System Public Sewer

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