523 First Ave, North Bay, Ontario P1B 1K5

Attention investors!!! This bright and clean 9 bachelor unit property has a gross income of $105,984 with the potential increase to $128,000 without any renovations. The convenient location to downtown, and transportation access to the hospital and University, make this a desirable spot for students or single-working professionals. With a 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. Current rents: Unit 1 $769, Unit 2 $1175, Unit 3 $975, Unit 4 $1175, Unit 5 $1127, Unit 6 $796, Unit 7 $769, Unit 8 $796, Unit 9 $1150, coin laundry $83. The year 2023 expenses: gas $4,434.19 - hydro $3063.24 - water/waste $1,953 - insurance $6,719. The property is well-maintained and has had many updates over the past 6 years. Responsible tenants. All paid rent on time, online.

Inclusions: 9 fridges, 9 stoves, coin operated washer and dryer.