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76 days on Market

483 1st Ave, North Bay, Ontario P1B 1K4

$425,000
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Townhouse
9
5
~2000-2500 sqft

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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

Style2 1/2 Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size4,428 SqFt(127.7 x 34.68)
Parking Spaces4
MLS ®NumberX9284705
Community NameNorth Bay
Data SourceTRREB

Features

Heating: Radiant
Cooling: Wall Unit
Basement: Finished

Bsmt Floor

Br

2.74 x 4.26

Family

4.57 x 4.26

Kitchen

3.50 x 3.96

Furnace

2.40 x 3.35


Features

Lot size: 4,428 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Now
ListedFor Salefor$425,000Active
76 days on market
Listing by trreb®
history photo preview6
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Property listed by CHASE REALTY INC., Brokerage
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