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CAONNorth BayGateway232 Fifth Ave W
230 - 232 Fifth Ave W, Home with 6 bedrooms, 4 bathrooms and 2 parking in North Bay ON | Image 1
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$539,900
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230 - 232 Fifth Ave W, North Bay, ON

Real Estate

For Sale

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642
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes $5,400
Days Active 12
Lot Size 
Approx. Age 
MLS® Number X12192182

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Attention investors, here is the solid return you have been searching for. This is a centrally located, legal four plex consisting of 2-2 bedroom and 2- 1 bedroom units. The larger units have had extensive renovations completed on them along with upgrades to the furnace (2018) and metal roof ( 2020). This building currently generates $61, 800 in gross income per year providing a net operating income of almost$43, 000 a year. That's over a 7% cap rate. There is lots of room for rent increases as some tenants leave. This is a very well maintained building that would make an impressive addition to any investment portfolio. (id:58753)Show Description
MLS® NumberX12192182
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementUnfinished, Partial
DrivewayNo Garage
Garage Spaces
HeatForced air, Natural gas
A/C
Heating Fuel

Extras

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