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Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 5,018 sqft
Price per Sqft $74
MLS Listing ID 40396469
Bedrooms 9
Year Built 1913
Annual Tax Amount $3,537
Property Description
Welcome to this centrally located, four-unit multi-family property in North Bay! This property offers an investment opportunity for someone looking to enter the world of multi-family real estate or add to their real estate portfolio. The property consists of four units, with three of them featuring two bedrooms and one bathroom each, while one of the units comprises of three bedrooms and a bathroom. Two of the units are bungalows, while the other two are two-storey units with bedrooms and bathrooms on the second floor. All units have their own hydro meter and pay for their own electricity, which provides flexibility for the tenants and can help increase the property's profitability. Each unit is in good condition and provides the tenants with a comfortable and convenient living space. With their living areas, the units are perfect for families or groups of individuals looking for plenty of space. Two gas-forced air furnaces heat the property, and each unit has is own hot water tank. This unit is close to the downtown core, within walking distance to Lee Park and the waterfront, close to public transportation and more.
Location
Province ON
County Nipissing
Area North Bay
Zoning M1
Rooms
Other Rooms Shed(s)
Kitchen 0
Interior
Heating Forced Air, Natural Gas
Cooling None
Laundry Multiple Locations
Exterior
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Urban, None
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal-Metered
Structure Type Vinyl Siding
New Construction No
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