Size
-
Lot size
-
Street frontage
-
Possession
2025-07-09
Price per sqft
$143 - $167
Taxes
$3,539.37 (2025)
Parking Type
-
Style
2 1/2 Storey
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Description
Excellent Investment Opportunity in Downtown North Bay! This income property features three self-contained 1-bedroom units plus a spacious 3-bedroom rooming house, offering strong and consistent rental income. With a cap rate of over 9%, this property is a rare find for savvy investors. Recent renovations completed within the past 36 years include updates to the flooring, kitchens, bathrooms, and major mechanicals. Tenants enjoy the added convenience of on-site coin laundry. Located in the heart of downtown, it's just steps from shopping, restaurants, public transit, and the beautiful North Bay waterfront. Tenants enjoy convenience, and investors enjoy cash flow this is a win-win! Don't miss out on this high-performing asset in a prime location.
Broker: Coldwell Banker-Peter Minogue R.E., Brokerage
MLS®#: X12274089
Property details
Parking:
2
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
3000-3500 sqft
Lot front:
29 Ft
Lot depth:
99 Ft
Listed on:
Jul 9, 2025
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Instant estimate:
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$1,402
higher than listed pricei
High
$533,508
Mid
$501,302
Low
$487,665
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