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Key Details
Sold Price $431,000
Property Type Single Family Home
Sub Type Rooming House
Listing Status Sold
Purchase Type For Sale
Square Footage 1,005 sqft
Price per Sqft $428
MLS Listing ID 40586190
Year Built 1953
Annual Tax Amount $3,644
Property Description
Attention investors and parents seeking the perfect home for their student attending the local university or college! Welcome to this fantastic opportunity in the College Heights area of North Bay. This warm and welcoming 6 bedroom, 2-bathroom detached bungalow is not only a cozy retreat but also a smart investment.
Imagine providing your student with a comfortable and safe living environment just minutes away from campus. With spacious bedrooms and common areas, this home offers ample space for studying and relaxation. Plus, its proximity to local amenities, including restaurants, grocery stores, and public transit, ensures convenience and accessibility for busy students.
But the benefits don't stop there. This property is currently licensed with the city for student housing, meaning it's already generating income. With a current annual income of $34,575, this home offers a reliable stream of revenue for savvy investors or parents looking to offset their child's education expenses.
With its turnkey furnished option, this property is ready for immediate occupancy, saving you time and hassle. And with a proven track record of success renting to local students, you can rest assured that your investment is in good hands.
Don't miss out on this incredible opportunity to secure a profitable investment and provide your student with a comfortable and convenient living space. Schedule a viewing today and take the first step toward securing your financial future while supporting your child's educational journey.
Location
Province ON
County Nipissing
Area North Bay
Zoning R1
Rooms
Kitchen 0
Interior
Heating Forced Air, Natural Gas
Cooling None
Laundry Common Area
Exterior
Exterior Feature Landscaped
Garage Asphalt
Fence Fence - Partial
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Rectangular, Airport, Near Golf Course, Greenbelt, Library, Open Spaces, Park, Place of Worship, Playground Nearby, Regional Mall, School Bus Route, Schools, Shopping Nearby, Trails
Story 1
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
New Construction No
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