483 1ST AVENUE E Active

North Bay,ON P1B1K4

$ 425000

9 Beds

5 Baths

1999 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,999 sqft

Price per Sqft $212

MLS Listing ID X9284705

Bedrooms 9

Property Description

This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo). (id:24570)

Location

Province ON

Interior

Heating Radiant heat

Cooling Wall unit

Exterior

Garage No

Waterfront No

View Y/N No

Building

Story 2.5

Sewer Sanitary sewer

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