North Bay, ON P1B 1K5,523 First Avenue E
North Bay, ON P1B 1K5,523 First Avenue E
North Bay, ON P1B 1K5,523 First Avenue E
North Bay, ON P1B 1K5,523 First Avenue E
North Bay, ON P1B 1K5,523 First Avenue E
North Bay, ON P1B 1K5,523 First Avenue E
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$ 979,000
Est. payment | /mo

9 Baths

2,000 SqFt


Save
$ 979,000
Est. payment | /mo
Save

9 Baths

2,000 SqFt

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

Listed by ROYAL DYNASTY REAL ESTATE LTD.
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523 First Avenue E