Address
645 Main Street E, North Bay (Central), ON
Price
$ 589,900

Your Agent

DANNY GAUDIO

Manager

416-745-2300


Listing provided by DANNY GAUDIO, Manager, REMAX West Realty Inc

Property Attributes
  • ID#X13799134
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityNorth Bay (Central)
  • CityNorth Bay (Central)
  • AreaCentral
  • NeighbourhoodCentral
  • Postal CodeP1B 1C1
  • Style
  • Price$ 589,900
  • Bedrooms9
  • Bathrooms3
  • Half Bathrooms1
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Attention investors! A rare find in deed yielding around 10% cap rate and zoned both residential and commercial. Lots of possibilities situated on a great lot accommodating roughly 10 vehicles. This legal, low maintenance triplex currently has 2 units empty! Pick your own tenants, Historically each unit has been rented for $2,300.00 plus Hydro! Unit 641 has been fully renovated from top to bottom! Third unit 645 currently occupied by a long term tenant in great standing, paying $1,621.00 per month plus Hydro. The entire property is heated by 1 boiler system, easy to service and well maintained . Very low maintenance exterior with minimal grass. Lots of updates done recently including reno's, paint, roof, electrical panel, appliances and much more. Each unit has their own laundry and basement area for storage. This is the one to add to your portfolio. You can live in one unit and possibly live for free with the income!!! Don't miss out (id:7434)

General Features

Features Level
Easement Unknown
Community Features School Bus
Property Type Multi-family
Zoning Description C2
CommunityName Central
Amenities Beach, Park, Schools
Building Age 100+ years
Building Amenities Separate Electricity Meters
Building Appliances Dryer, Stove, Washer, Refrigerator
Building Cooling Type None
Location Description Cross Streets: JOHN ST & MAIN ST. ** Directions: MAIN STREET BY CIRCLE K BEFORE OVERPASS,PARKING OFF OAK STREET.
Parking Space Total 6
Foundation Type Stone
Building Type Triplex
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Fuel Natural gas
Basement Development Unfinished
Basement Type Full (Unfinished)
Living Area Range 2500
Bedrooms 9

Exterior Features

Structure Deck, Porch
ViewType City view
Land Amenities Beach, Park, Schools
Sewer Sanitary sewer
Exterior Finish Brick

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in P1B 1C1

Price
AVG $590K
$590K

Your Agent

DANNY GAUDIO

Manager

416-745-2300


Listing provided by DANNY GAUDIO, Manager, REMAX West Realty Inc

Listed By
Royal LePage Northern Life Realty, Brokerage