$425,000
483 1ST AVENUE EAST N/A North Bay, ON P1B 1K4
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$425,000
Est. payment /mo
5 Baths
2,608 SqFt
UPDATED:
11/02/2024 06:34 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $162
MLS Listing ID X10403469
Annual Tax Amount $3,478
Tax Year 2023
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).
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).
Location
Province ON
County Nipissing
Community Public Transit
Rooms
Basement Finished, Full
Kitchen 0
Interior
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Garage Private
Garage Spaces 3.0
Pool None
Community Features Public Transit
Utilities Available Unknown
Waterfront No
Roof Type Metal
Parking Type Unknown
Total Parking Spaces 3
Building
Foundation Block
New Construction false
Others
Security Features Unknown
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Listed by CHASE REALTY INC.
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