483 1ST AVENUE EAST, North Bay MLS Number: X10403469
North Bay, Nipissing, ON, P1B 1K4$425,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $3478.43 (Tax Year:2023)
- Listing Courtesy : Chase Realty Inc., Brokerage
Maximum 4 project can be compared at one go.
$425,000
Status: For Sale
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 Type | :Commercial |
---|---|
MLS Number | :X10403469 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :27 Nov, 2024 (24 Days ago) |
Source | :TRREB |
Area | :Nipissing |
---|---|
Postal Code | : P1B 1K4 |
Price | : $425,000 |
---|---|
Property Taxes | :$3478.43 |
Tax Year | :2023 |
---|
Cross Street | :Right on Regina off of Main St E and left on 1st Ave. |
---|
02 Nov, 2024
TREB #X10403469
Available
$425000.0