196 Second Avenue E E, North Bay

North Bay

196 Second Avenue E E
196 Second Avenue E E
196 Second Avenue E E
+47
8
 bed
4
 bath
4
 parking
2000 - 2500
 sqft
Fourplex
$989,900
For Sale
9 hours
 on site
$989,900
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Size
-
Lot size
3067 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$396 - $495
Taxes
$3,222.45 (2026)
Parking Type
-
Style
2-Storey
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Description
Calling all investors, this turn key ready to rent legal 4 plex [UNIT 1: 2 BRS & 1 BATH, UNIT 2: 2 BR & 1 BATH, UNIT 3: 3 BRS & 1 BATH, UNIT 4: 1 BR & 1 BATH ] is rebuilt brand new [all interior framing, electrical, heating, plumbing, drywall flooring, baths, kitchens, HRV, and the list goes on] all this work completed in 2026, occupancy permit issued in August 2026. brand new appliances [FRIDGE AND STIOVE] in all 4 units. excellent cash flow, projected NOI $76,660.00 offered at an excellent cap rate of 7.75% thus offering a solid addition to any investment portfolio. Detailed projected income and expense information are available under documents. 4 parking spots and a tool shed for tools in backyard. 5 hydro meters, tenants pay for their own hydro, landlord pays for hydro for mechanical room and laundry room. There were minor changes made to actual construction as compared to plans attached.
Broker: HOMELIFE ELITE SERVICES REALTY INC.
MLS®#: X13701478
Property details
Parking:
4
Parking type:
-
Property type:
Fourplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
38 Ft
Lot depth:
85 Ft
Listed on:
Aug 21, 2026
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Instant estimate:
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$14,911
lower than listed price
i
High
$1,037,628
Mid
$974,989
Low
$948,466
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About 196 Second Avenue E E

196 Second Avenue E E is a North Bay fourplex for sale. 196 Second Avenue E E has an asking price of $989900, and has been on the market since August 2026. This 2000-2500 sqft fourplex has 8 beds and 4 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.