$425,000
483 1ST AVENUE E North Bay, ON P1B1K4
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$425,000
Est. payment /mo
9 BD
5 BA
1,999 SqFt
Active
483 1ST AVENUE E North Bay, ON P1B1K4
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,999 sqft
Price per Sqft $212
MLS® Listing ID X9284705
Bedrooms 9
Originating Board Toronto Regional Real Estate Board
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). (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 3.66 m X 3.35 m Bedroom
Extra Room 2 Second level 3.66 m X 3.35 m Bedroom 2
Extra Room 3 Basement 2.74 m X 4.26 m Bedroom
Extra Room 4 Basement 4.57 m X 4.26 m Family room
Extra Room 5 Basement 3.5 m X 3.96 m Kitchen
Extra Room 6 Ground level 2.44 m X 3.35 m Bedroom
Interior
Heating Radiant heat
Cooling Wall unit
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Listed by CHASE REALTY INC.
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