997 HAMMOND STREET

North Bay (Central), , P1B2H6, Canada

$369,900

INVESTOR ALERT - Exceptional 10.22% CAP Rate on a Prime Corner Lot! This massive 2,139 sq. ft. triplex offers a significant cash-flow opportunity in central North Bay. The property is uniquely configured with a rear 2-bedroom, 1-bathroom bungalow-style unit occupied by a stable, 7-year tenant, providing immediate guaranteed income. The front of the building consists of two spacious 2-storey units, each featuring 2 bedrooms and 1 bathroom. These front units are delivered vacant, offering a prime opportunity for an investor to refresh the spaces to their own standards and set current market rents to maximize ROI. Situated on a prominent corner lot at the end of a quiet street, the property features impressive vaulted ceilings that create a high-end feel. This powerhouse addition to any portfolio includes a detached garage and ample parking for 5 vehicles. Some Photos Virtually Staged.

EXTRAS: Refrigerator, Stove

Last updated on : Tuesday 3rd of March 2026 12:25:35 PM

ADDRESS

Street : 997 HAMMOND STREET

City : North Bay (Central)

Country : Canada

Postal Code : P1B2H6

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PROPERTY SUMMARY

Property ID : X12839348

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 3

Parking : 5

Parking Type: Detached Garage, Garage

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