373 FIRST AVENUE E, North Bay (central), ON P1B1K2
373 FIRST AVENUE E, North Bay (central), ON P1B1K2
373 FIRST AVENUE E, North Bay (central), ON P1B1K2
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Judy Mohanty

Judy Mohanty

+1(587) 839-4880
$1,179,900
Est. payment /mo
10 Beds
4 Baths
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Subdivision Central

MLS® Listing ID X13860652

Bedrooms 10

Property Description

Built for income and positioned for long-term performance, this 2016-built legal triplex presents an excellent opportunity to add a strong multi-residential asset to your investment portfolio. Centrally located in the downtown core of North Bay, the property features three legal residential units plus an additional in-law suite in the lower level, creating four self-contained living spaces and a diversified rental income stream.The main floor is anchored by a spacious 3-bedroom unit featuring an attached garage, open-concept living space and modern finishes. The second level offers two thoughtfully designed 2-bedroom apartments, while the lower level provides a generous open-concept 2-bedroom in-law suite. Each unit is equipped with its own private laundry and 4-PC bath(s)-an attractive feature for tenants and an added advantage for an investor looking for a well-designed, low-maintenance rental property. With all four units currently generating strong rental income at or above market rents, this is an opportunity to acquire an established investment without the heavy lifting typically associated with repositioning an older multiplex. Whether you're expanding an established portfolio or looking for a substantial multi-unit investment, this property checks the boxes that matter to a Landlord. A compelling opportunity to acquire a quality income-producing asset in the heart of North Bay. Pre-inspected for your peace of mind. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 3.75 m X 3.21 m Dining room

Extra Room 2 Second level 3.9 m X 3.47 m Living room

Extra Room 3 Second level 2.92 m X 5.62 m Primary Bedroom

Extra Room 4 Second level 2.63 m X 3.13 m Bedroom 2

Extra Room 5 Second level 3.1 m X 2.06 m Bathroom

Extra Room 6 Second level 1.27 m X 1.82 m Laundry room

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Tile, Hardwood

Exterior

Parking Features Yes

Community Features School Bus

View Y/N No

Attached Garage Yes

Total Parking Spaces 7

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://youtube.com/shorts/ugLby2KyB2k

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Listed by Revel Realty Inc. Brokerage

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Judy Mohanty

Judy Mohanty

+1(587) 839-4880

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