106 Fourth AVE W new

North Bay,ON P1B 3M8

$ 509900

7 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Central

MLS Listing ID X12221795

Style 2-Storey

Bedrooms 7

Annual Tax Amount $3,609

Tax Year 2025

Property Sub-Type Triplex

Property Description

Legal Triplex in Prime North Bay Location. Strong Cash Flow & Huge Potential! Welcome to 106 Fourth Ave. West, North Bay a rare opportunity to own a fully tenanted, legal triplex in a high-demand location just steps from shopping, transit, downtown and the library. Total Net Income: $31,500. 3 Self-Contained Units: 1-Bedroom Rented at $946 + hydro, 2-Bedroom Rented at $1,238 + hydro and 4-Bedroom Rented at $1,559 (facing Fourth Ave.) This property offers flexibility and income:Investors enjoy immediate returns with great tenants in placeOwner-occupiers move into the spacious 4-bed unit and let the other units pay your mortgage. Insurance: $2000, Gas: $2100, Hydro: $3000 and Water: $2400.

Location

Province ON

County Nipissing

Community Central

Area Nipissing

Rooms

Family Room No

Kitchen 3

Interior

Cooling None

Exterior

Parking Features Available,Private

Pool None

Roof Type Asphalt Shingle

Building

Foundation Concrete

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