North Bay P1B 3M8 Ontario
MLS: X12221795
Added 56 days ago | For Sale
Listed by: REALTY EXECUTIVES PLUS LTD
Legal Triplex in Prime North Bay Location. Strong Cash Flow & Huge Potential! Welcome to 106 Fourth Ave. West, North Bay a rare opportunity to own a fully tenanted, legal triplex in a high-demand location just steps from shopping, transit, downtown and the library. Total Net Income: $31,500. 3 Self-Contained Units: 1-Bedroom Rented at $946 + hydro, 2-Bedroom Rented at $1,238 + hydro and 4-Bedroom Rented at $1,559 (facing Fourth Ave.) This property offers flexibility and income:Investors enjoy immediate returns with great tenants in place. Owner-occupiers can move into one unit and let the other units pay your mortgage. Insurance: $2000, Gas: $2100, Hydro: $3000 and Water: $2400.