230-232 Fifth Avenue West, North Bay, ON P1B3N6

$539,900

Beds

6

Baths

4

Sqft

2500

Community

Central

This home is not listed by a Bōde seller.

To book a viewing, reach out directly to the brokerage. To understand the elements of making an offer click here.

Property Overview

  • Home Type

    Row / Townhouse

  • Building Type

    Fourplex

  • Lot Size

    4710 Sqft

  • Community

    Central

  • Beds

    6

  • Heating

    Data Unavailable

  • Full Baths

    4

  • Cooling

    Data Unavailable

  • Parking Space(s)

    2

  • Year Built

    1925

  • Property Taxes

    $5,400

  • Days on Market

    13

  • MLS® #

    X12192182

  • Price / Sqft

    $216

  • Style

    Two Storey

Description

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Attention investors, here is the solid return you have been searching for. This is a centrally located, legal four plex consisting of 2-2 bedroom and 2- 1 bedroom units. The larger units have had extensive renovations completed on them along with upgrades to the furnace (2018) and metal roof ( 2020). This building currently generates $61,800 in gross income per year providing a net operating income of almost$43,000 a year. That's over a 7% cap rate. There is lots of room for rent increases as some tenants leave. This is a very well maintained building that would make an impressive addition to any investment portfolio.

Estimated buyer fees

List price $539,900
Typical buy-side realtor $13,498
Bōde $0
Saving with Bōde $13,498

When you are empowered by Bōde, you don't need an agent to buy or sell your home. For the ultimate buying experience, connect directly with a Bōde seller.

Interior Details

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  • Flooring

    See Home Description

  • Heating

    See Home Description

  • Basement details

    None

  • Basement features

    Part

Exterior Details

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  • Exterior

    Brick

  • Number of finished levels

    2

  • Exterior features

    Vinyl Siding

  • Construction type

    See Home Description

  • Roof type

    Metal

  • Foundation type

    Concrete

More Information

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Property

  • Community features

    Schools Nearby

  • Multi-unit property?

    Data Unavailable

  • HOA fee includes

    See Home Description

Parking

  • Parking space included

    Yes

  • Total parking

    2

  • Parking features

    No Garage

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