483 1st Ave, North Bay, Ontario P1B 1K4
Contact us about this property
Highlights
Estimated ValueNot available
Price/Sqft$191/sqft
Est. Mortgage$1,825/mo
Tax Amount (2023)$3,478/yr
Days On Market76 days
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).
Property Details
Interior
Features
Bsmt Floor
Br
2.74 x 4.26Family
4.57 x 4.26Kitchen
3.50 x 3.96Furnace
2.40 x 3.35Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 4