Property Details
147 SECOND AVENUE E, North Bay (Central), Ontario, P1B1L3
If you've been searching for the perfect opportunity to enter the investment market, this property could be your ideal match. 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 and 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. (id:2471)
REALTY EXECUTIVES Local Group Inc., Brokerage - North Bay
REALTY EXECUTIVES Local Group Inc., Brokerage - North Bay
- Property Address: 147 SECOND AVENUE E, North Bay (Central), Ontario, P1B1L3
- Community Name: Central
- Property Type: Multi-family
- Zoning Description: R3
- Lot Size: 33 x 132 FT
- Acreage: 33 x 132 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Detached Garage, Tandem
- Total Parking Spaces: 2
- Amenities Nearby: Public Transit, Place of Worship, Schools
- Structure Style: Triplex
- Storeys: 2.5
- Floor Space: 2000 - 2500 sqft
- Building Age: 51 to 99 years
- Bedrooms: 5
- Bathrooms: 3-Total
- Basement Type: N/A (Partially finished)
- Heating Type: Natural gas, Forced air
- Exterior Type: Brick, Vinyl siding
- Foundation Type: Stone
- Appliances Included: Water Heater, Water meter, All, Dryer, Stove, Washer, Refrigerator
- Structures: Deck, Porch
- School Bus
- Community Centre
Listing Offices: REALTY EXECUTIVES Local Group Inc. Brokerage
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. REALTOR®, MLS® and the associated logos are trademarks of the Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association and is licensed to trade residential and/or commercialreal estate. Any out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province. All information displayed on this website is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.
