$424,900
Available - For Sale
Listing ID: X12069172
646 Main Stre East , North Bay, P1B 1B9, Nipissing
| Fantastic Investment Opportunity - Triplex. Discover this triplex offering a solid opportunity to kickstart or expand your rental portfolio. With positive cash flow already in place and the ability to increase rents to market value as tenancies turn over, this property is a smart, income-generating asset. Each tenant pays their own rent and utilities (Separate meters), with the exception of water keeping operational costs manageable for the owner. A shared laundry room adds convenience for tenants, while the property's C2 zoning allows for a wide range of potential future uses, adding to its versatility and long-term value. Don't miss out on this flexible and financially sound investment! |
| Price | $424,900 |
| Taxes: | $3479.65 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 646 Main Stre East , North Bay, P1B 1B9, Nipissing |
| Postal Code: | P1B 1B9 |
| Province/State: | Nipissing |
| Legal Description: | PT LT 57 PL 10 WIDDIFIELD PT 1 & 2 36R12 |
| Directions/Cross Streets: | Main Street/John Street/Oak Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2109.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 100+ |
| Franchise: | F |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Century 21 Blue Sky Region Realty Inc., Brokerage |
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At a Glance:
| Type: | Com - Investment |
| Area: | Nipissing |
| Municipality: | North Bay |
| Neighbourhood: | Central |
| Approximate Age: | 100+ |
| Tax: | $3,479.65 |
| Fireplace: | N |
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