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$489,900
Est. payment /mo
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Central
MLS Listing ID X12220745
Style 2-Storey
Bedrooms 7
Annual Tax Amount $3,609
Tax Year 2025
Property Sub-Type Triplex
Property Description
Legal Triplex in Prime North Bay Location. Strong Cash Flow & Huge Potential! Welcome to 106 Fourth Ave. West, North Bay a rare opportunity to own a fully tenanted, legal triplex in a high-demand location just steps from shopping, transit, downtown and the library. Total Net Income: $31,500. 3 Self-Contained Units: 1-Bedroom Rented at $946 + hydro, 2-Bedroom Rented at $1,238 + hydro and 4-Bedroom Rented at $1,559 (facing Fourth Ave.) This property offers flexibility and income:Investors enjoy immediate returns with great tenants in placeOwner-occupiers move into the spacious 4-bed unit and let the other units pay your mortgage. Insurance: $2000, Gas: $2100, Hydro: $3000 and Water: $2400.
Location
Province ON
County Nipissing
Community Central
Area Nipissing
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Available, Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.66
Lot Depth 122.62
Total Parking Spaces 4
Building
Unit Features Library,Public Transit
Foundation Concrete
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Listed by REALTY EXECUTIVES PLUS LTD