523 First Avenue E Active Save Request In-Person Tour Request Virtual Tour
North Bay,ON P1B 1K5
Key Details
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $489
MLS Listing ID 40684236
Abv Grd Liv Area 2,000
Originating Board North Bay
Annual Tax Amount $13,632
Property Description
Attention investors! This bright and clean 9 bachelor unit property has a gross
income of $105,984 with the potential rent increase to $128000 without any
renovations or extra expenses. The convenient location to downtown and
transportation access to the hospital and university make this a desirable spot
for students and single-working professionals. With a 0% vacancy rate, this gem is
easy to rent with the bonus of low maintenance and easy management.
2023 Year expenses: gas $4434, Hydro $3063, Water/sewer $1953, INsurance $6719.
This property is well-maintained and has had many updates over the past 6 years.
Responsible tenants. All rents are paid on time online.
Location
Province ON
County Nipissing
Area North Bay
Zoning RM1
Direction Fisher St / First Ave E
Rooms
Basement Full,Finished
Kitchen 0
Interior
Interior Features Other
Heating Baseboard,Electric,Natural Gas
Cooling None
Fireplace No
Appliance Refrigerator,Stove
Laundry Common Area
Exterior
Exterior Feature Year Round Living
Parking Features Asphalt
Roof Type Asphalt Shing
Porch Deck,Porch
Lot Frontage 44.0
Lot Depth 128.0
Garage No
Building
Lot Description Paved,Public Transit,Trails
Faces Fisher St / First Ave E
Story 3
Foundation Block,Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 3
Structure Type Brick,Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 491540049
Ownership Freehold/None