Great Investment Opportunity!! This well looked after Five-Plex is located in central North Bay. This is a solid building with solid financials and a great return! There are 2 – 3 bdrm units, 2 – 2 bdrm units, and 1 – 1 bdrm unit. Unit #1 & #3 & #5 currently pay rent + hydro. There are 6 separate meters for full conversion to rent + hydro if desired. Coin operated laundry adds an additional $1,800 per year to the revenue. Cap Rate of 7.1 % total. Shingles replace in 2021, Flat roof 2023 and 14 windows replace in 2023. This property is ready for the right investor!!! (id:11882)
| MLS® Number | 40485789 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | School Bus |
| Features | Laundry- Coin Operated |
| Parking Space Total | 3 |
| Bathroom Total | 5 |
| Bedrooms Total | 11 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Construction Material | Concrete Block, Concrete Walls |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete |
| Stories Total | 2 |
| Size Interior | 4500 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 130 Ft |
| Size Frontage | 33 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/26071318/1189-cassells-street-north-bay
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Great Investment Opportunity!! This well looked after Five-Plex is located in central North Bay. This is a solid building with solid financials and a great return! There are 2 – 3 bdrm units, 2 – 2 bdrm units, and 1 – 1 bdrm unit. Unit #1 & #3 & #5 currently pay rent + hydro. There are 6 separate meters for full conversion to rent + hydro if desired. Coin operated laundry adds an additional $1,800 per year to the revenue. Cap Rate of 7.1 % total. Shingles replace in 2021, Flat roof 2023 and 14 windows replace in 2023. This property is ready for the right investor!!! (id:11882)
| MLS® Number | 40485789 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | School Bus |
| Features | Laundry- Coin Operated |
| Parking Space Total | 3 |
| Bathroom Total | 5 |
| Bedrooms Total | 11 |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Construction Material | Concrete Block, Concrete Walls |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete |
| Stories Total | 2 |
| Size Interior | 4500 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 130 Ft |
| Size Frontage | 33 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/26071318/1189-cassells-street-north-bay
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
