586 Main Street E

North Bay

586 Main Street E
586 Main Street E
586 Main Street E
1/1
5+1
 bed
4
 bath
2
 parking
3000 - 3500
 sqft
Fourplex
$499,900
For Sale
40 days
 on site
$499,900
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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 price
i
High
$533,508
Mid
$501,302
Low
$487,665
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About 586 Main Street E

586 Main Street E is a North Bay fourplex for sale. 586 Main Street E has an asking price of $499900, and has been on the market since July 2025. This 3000-3500 sqft fourplex has 5+1 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.