230-232 FIFTH AVENUE WEST

North Bay (Central), , P1B3N6, Canada

$539,900

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.

EXTRAS: Refrigerator, Stove, Dryer, Two Washers

Last updated on : Tuesday 3rd of June 2025 12:50:45 PM

ADDRESS

Street : 230-232 FIFTH AVENUE WEST

City : North Bay (Central)

Country : Canada

Postal Code : P1B3N6

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PROPERTY SUMMARY

Property ID : X12192182

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 4

Parking : 2

Parking Type: No Garage

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