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Home ON Greater North Bay North Bay
483 1ST AVENUE EAST
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483 1ST AVENUE EAST $425,000
$425,000
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483 1ST AVENUE EAST
North Bay, Ontario P1B1K4

MLS® Number: X10403469
9
Bedrooms
5
Bathrooms
2608
Square Feet

Listing 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.\r\n\r\nIn 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). (38013879)

Location Description

Right on Regina off of Main St E and left on 1st Ave.

Property Summary

Property Type
Business
Square Footage
2608 sqft
Land Size
Unit=34.68 x 127.7 FT|under 1/2 acre
Annual Property Taxes
$3,478.43
Total Parking Spaces
3
Time on REALTOR.ca
14 days

Building

Bathrooms
Total
5
Building Features
Foundation Type
Block
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Wall unit
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
3

Measurements

Square Footage
2608 sqft

Land

Lot Features
Frontage
34 ft ,8 in
Land Depth
127 ft ,8 in
Other Property Information
Zoning Description
Multiplex
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
Morgan Little