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483 1ST AVENUE E North Bay
  • 483 1ST AVENUE E North Bay
  • 483 1ST AVENUE E North Bay
  • 483 1ST AVENUE E North Bay
  • 483 1ST AVENUE E North Bay
  • 483 1ST AVENUE E North Bay
  • 483 1ST AVENUE E North Bay

483 1ST AVENUE E, North Bay, Ontario

$425,000

  • 9 Beds
  • 5 Baths

This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo). (id:23309)

  • Listing ID: X9284705
  • Property Type: Single Family
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Rooms

LevelTypeDimensions
Bedroom Second level 3.66 m x 3.35 m
Bedroom 2 Second level 3.66 m x 3.35 m
Bedroom Basement 2.74 m x 4.26 m
Family room Basement 4.57 m x 4.26 m
Kitchen Basement 3.5 m x 3.96 m
Bedroom Ground level 2.44 m x 3.35 m
Bedroom 2 Ground level 2.74 m x 4.27 m
Bedroom 3 Ground level 3.05 m x 2.29 m
Family room Ground level 4.57 m x 4.26 m
Kitchen Ground level 3.96 m x 3.35 m
Bathroom Ground level 3.05 m x 3.05 m

Details

  • Equipment: Water Heater
  • Parking Spaces: 4
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: Multiplex

Building

  • Amenities: Separate Electricity Meters
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 9
  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 5
  • Heating: Radiant heat
  • Heating Fuel: Natural gas
  • Size Interior: 1999.983 - 2499.9795 sqft
  • Stories Total: 2.5
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 34 ft ,8 in
  • Size Irregular: 34.7 x 127.7 FT
MLS®

Listing provided by CHASE REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 483 1ST AVENUE E in North Bay Ontario. It was last modified on August 30th, 2024. Contact Jaber Zreik to schedule a viewing or to discover other North Bay homes for sale.

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