Welcome to this remarkable ["2 1/2 Storey"] triplex located in the coveted neighborhood of Central. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $320,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Searching for the perfect opportunity to enter the investment market? This could be the opportunity you've been waiting for! Priced competitively, this legal, non-conforming all-brick triplex offers a gross income of $41,086 and an impressive 8% cap rate. The property is centrally located offering easy access to shopping, schools, and a full range of amenities. Its prime location along a public transit route makes it an excellent choice for tenants without vehicles. The main floor features a recently renovated, vacant 3-bedroom unit, ready for new tenants or an owner looking to live on-site while benefiting from rental income. The second-floor 2-bedroom unit & third-floor bachelor unit are both occupied by reliable long-term tenants. For added peace of mind, each unit is separately metered. The partially finished basement offers added storage for the owners belongings. Overall this property offers everything you need to start your rental property portfolio. Coin Operated Laundry generates approx. $1000. Rents are: Bachelor:$717(inclusive of Hydro), 2 Bed: $841+Hydro, 3 Bed: $1,850+Hydro(Projected as Currently Vacant).
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Public Transit, School Bus Route, Place Of Worship, Library, Rec./Commun.Centre, School
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 147 Second Avenue E, North Bay, ON P1B 1L3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in North Bay.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Central, North Bay.
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