$1,325,000
( $137.16Per Sq Foot )
 $7,113 forsale estimated payment Sourced by Back At You

447 Main Street E , North Bay, ON P1B 1B6

North Bay, ON P1B 1B6

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Description

This income-generating property on the east side of Downtown North Bay features ten updated residential units (nine 1-bed and one 2-bed) with secure entry and shared laundry. The commercial unit, currently leased to a local antique shop, provides stable rental income on a 3-year term. The property generates $176,596.00 annually, with additional value-add potential through further unit improvements. Documentation includes a 2017 fire inspection, recent survey, updated rent roll, and financials for 2024. Constructed with concrete block walls, steel beams, hot water heating, and a membrane roof. This is a strong investment in a convenient North Bay location.

Details

Mls40676155
Listing TypeFor Sale
SubtypeResale
StatusActive Under Contract
Days On Site21
Listing Provided ByEXP Realty Brokerage | Daryl Babineau

Features

Sq Feet9,660
BasementY
Storys2
ZoningC2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 12 minutes ago
StateON
CountyNipissing
CityNorth Bay
Zip CodeP1B 1B6
AreaNorth Bay
SubareaCentral
Community NameCentral
Listing VS Median (in Central)
Price:
$1,325,000
low | high
Med:
$17
100% of Average
SqFt:
9,660
low | high
Med:
1,715
100% of Average
$ / SqFt:
$137
low | high
Med:
$0
100% of Average
On Site:
21
low | high
Med:
993.000000
2.114803625378% of Average
Sourced by Back At You
Listing Updated: November 29, 2024 at 5:53:14 PM PST