332 Second Avenue E,North Bay (Central), ON P1B1L6
North Bay (Central), ON P1B1L6
Description
332 Second Avenue E is a well-maintained triplex that has seen several updates over the years. Whether you're looking to live in one unit and collect rent from the others or just looking for a great investment opportunity, then look no further. This property is centrally located close to all amenities, including shopping, transit, and more. Unit 1 on the main floor has been renovated from the studs and is a large 1-bedroom, 1-bathroom unit with it's own laundry room and is currently renting for $1435 per month inclusive. Unit 2 on the second floor has 2 bedrooms and 1 bathroom with laundry and is currently collecting $1155.69 per month, inclusive. Unit 3 on the top floor has seen many updates and upgrades, boasting a 2 bedroom and 1 bathroom that currently generates $1425 a month, inclusive. This building has been well maintained over the years, with the foundation being reinforced, updated electrical, fire retrofit, and the updated roof in 2020. Gross income is $48,188.28 annually, with lots of opportunity to increase equity and with the separate hydro meters for each unit to minimize your expenses, you don't want to miss out on this opportunity. (id:13843)
Details
| MLS# | X11986882 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Status | Active |
| Days On Site | 63 |
| Listing Provided By | Royal LePage Northern Life Realty, Brokerage | ZACH HUNTER |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| Basement | Y |
| Story(s) | 3 |
| Zoning | R3 |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | North Bay (Central) |
| Postal Code | P1B1L6 |
| Listing VS Median (in P1B1L6) | |
Price: $499,900 low | high Med: $0 On site: 63 low | high Med: | |
