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$499,900
586 MAIN STREET E
North Bay, Ontario, Ontario, P1B1B8
MLS® Number: X12274089
Property description
Excellent Investment Opportunity in Downtown North Bay! This income property features three self-contained 1-bedroom units plus a spacious 3-bedroom rooming house, offering strong and consistent rental income. With a cap rate of over 9%, this property is a rare find for savvy investors. Recent renovations completed within the past 36 years include updates to the flooring, kitchens, bathrooms, and major mechanicals. Tenants enjoy the added convenience of on-site coin laundry. Located in the heart of downtown, it's just steps from shopping, restaurants, public transit, and the beautiful North Bay waterfront. Tenants enjoy convenience, and investors enjoy cash flow this is a win-win! Don't miss out on this high-performing asset in a prime location.
Building information
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Size Interior
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Utility Water
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Land information
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Size Depth
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Size Irregular
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Courtesy of Coldwell Banker-Peter Minogue R.E., Brokerage
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