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$ 509,900
Est. payment /mo
New
106 Fourth AVE W North Bay, ON P1B 3M8
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Central
MLS Listing ID X12221795
Style 2-Storey
Bedrooms 7
Annual Tax Amount $3,609
Tax Year 2025
Property Sub-Type Triplex
Property Description
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 placeOwner-occupiers move into the spacious 4-bed unit and let the other units pay your mortgage. Insurance: $2000, Gas: $2100, Hydro: $3000 and Water: $2400.
Location
State ON
County Nipissing
Community Central
Area Nipissing
Zoning R3
Rooms
Basement Unfinished
Kitchen 3
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter
Cooling None
Inclusions 3 Hot water tanks, 2 Fridges, 2 Stoves, 1 Washer and 1 Dryer
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Foundation Concrete
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