538 FRASER STREET

North Bay (Central), Ontario, P1B3X2, Canada

$529,900

This well-maintained triplex offers a fantastic investment opportunity or a chance to live in one unit while generating income from the others. Centrally located with easy access to shopping, bus routes, and other amenities, this property is a must-see! Apt. 1 is a 2 bedroom, 2 bath currently renting for 1839/month. Tenants will be leaving at the end of month, ideal for new tenants or as a personal residence. Apt. 2 is a 1 bedroom plus den renting at 1429 per month and Apt. 3 is a 1 bedroom renting at 922 per month. All rents are inclusive. The tenants are amazing and the remaining tenants want to stay. The building has been well cared for and all units are spacious and updated. There is also tenant parking and laundry in each unit. CCTV cameras are in operation to help ensure the safety and security of all individuals and the premises. Gross income is $50,280 annually with expenses for previous year at $17,837.00. Please note that this property is zoned C2, allowing for the potential to incorporate a commercial aspect into the building. This zoning provides flexibility for various business or commercial uses, in addition to its residential capabilities. Whether you're a seasoned investor or a first-time buyer, this triplex offers an excellent chance to secure steady rental income in a prime location.

EXTRAS: Irregular lot size

Last updated on : Tuesday 21st of January 2025 03:57:47 PM

ADDRESS

Street : 538 FRASER STREET

City : North Bay (Central)

Province : Ontario

Country : Canada

Postal Code : P1B3X2

Open in Google Map

PROPERTY SUMMARY

Property ID : X11931923

Building Type : Multi-Family

Property Type : Multi-family

Similar Properties

Multi-family

212 Whittaker Street

Sudbury, Ontario, P3C3X5

$399,900

property Type:

type: Sale

SHAYNE MALONE
3 hours ago

DETAILS

Multi-family

6 St Antoine Street

Noelville, Ontario, P0M2N0

$339,000

property Type:

type: Sale

RENEE YENSEN
8 hours ago

DETAILS

Multi-family

495-497 FERGUSON AVENUE

Temiskaming Shores (Haileybury), Ontario, P0J1K0

$4,495,000

Beds: 37

property Type: Multi-Family

type: Sale

GRAHAM FREDERICK ALLOWAY
2 weeks ago

DETAILS

Multi-family

3443-3447 Errington Avenue

Greater Sudbury, Ontario, P0M1L0

$1,899,900

property Type:

type: Sale

GARY DOYLE
1 day ago

DETAILS

Multi-family

3443-3447 Errington Avenue

Greater Sudbury, Ontario, P0M1L0

$1,899,900

property Type:

type: Sale

GARY DOYLE
1 day ago

DETAILS

Inquire about this property