447 Main Street E North Bay, Ontario P1B 1B6
$1,325,000
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. (id:26218)
Property Details
| MLS® Number | 40676155 |
| Property Type | Office |
| Amenities Near By | Public Transit |
Building
| Basement Type | Full |
| Stories Total | 2 |
| Size Exterior | 9660.0000 |
| Size Interior | 9660 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 131 Ft |
| Size Frontage | 39 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/27648880/447-main-street-e-north-bay
Interested?
Contact us for more information
Daryl Babineau
Salesperson
(647) 849-3180
49 High Street Unit: 3rd Floor
Barrie, Ontario L4N 5J4
(866) 530-7737
(647) 849-3180
www.exprealty.ca/
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November 14 2024 04:09:32
Barrie & District Association of REALTORS® Inc.
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