$395,000

Investment For Sale In North Bay, Ontario

$395,000

Property Information:

This fully updated legal duplex is situated in a prime central North Bay location, offering excellent value for investors or those looking to live in one unit while renting out the other. Renovated in 2007, the property features an open-concept design with high ceilings, durable tile flooring throughout, modern kitchens, updated bathrooms, and convenient in-unit laundry for each unit. Efficient hot water in-floor heating and ductless AC keeps costs low and comfort high. The 2-bedroom unit is currently vacant, freshly repainted, and move-in ready, while the 1-bedroom unit is occupied by a reliable long-term tenant at $1,124.20/month (utilities included). The property also boasts 4 parking spaces on an interlocked driveway, perfect for tenants and visitors, along with dedicated storage space for each unit in the on-site storage shed. This well-maintained property delivers solid numbers and a strong return on investment. Don’t miss out on this excellent opportunity to own a turnkey duplex in a well established area of North Bay! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Type: None
  • Exterior Finish: Metal, Stucco
  • Foundation Type: Poured Concrete
  • Heating Type: In Floor Heating, Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type:

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Public Transit, Schools, Shopping
  • Built in: 1955
  • Community Features: School Bus
  • Lot Depth: 40.0 Feet
  • Lot Frontage: 66.0 Feet
  • Zoning: R3
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: Royal LePage Northern Life Realty

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  • 2 bdrm unit -