$ 425,000
483 1ST AVENUE EAST North Bay, ON P1B1K4
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$ 425,000
Est. payment | /mo
9 Beds
5 Baths
2,608 SqFt
$ 425,000
Est. payment | /mo
9 Beds
5 Baths
2,608 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $162
Subdivision Central
MLS® Listing ID 40639362
Bedrooms 9
Originating Board The Oakville, Milton & District Real Estate Board
Year Built 1920
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
Cooling Wall unit
Exterior
Garage No
Community Features School Bus
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Chase Realty Inc., Brokerage
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