MLS®: 191089 Status: For sale

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$895,000
Location:

1457 Fraser Street, North Bay Ontario, P1B3Y9

1457 Fraser Street, North Bay Ontario
Description:
12 unit Income generating complex with an 8% cap rate located 2 blocks from the YMCA. 3 Levels of apartments with 8x1 bedroom units, and 2 x 2 bedroom units and 2 bachelor units. Multiple entrances, 6 parking spots, all rents plus hydro except the 2 bachelors all inclusive and the 2.5 car garage @$250/m in addition to the rents all inclusive. All month to month tenancies, with a greater potential as most units are under market rent! Gas hot water heat with annual servicing, building shingles 2011 and 2014 on the Garage, all fridges and stoves included, City of North Bay provides Garbage bin and removal. Supporting documents on file including income and expenses, rent roll, Fire retrofit, fire safety plan and more. (id:2471)
Property:
Type: Multi-family
Acreage: under 1/2 acre
Sewer: Municipal sewage system
Structures: Shed
Parking Type: Detached garage - 2 spaces
Structure:
Style: Multi-Family
Heating: Hot water radiator heat
Heating Type: Natural gas
Cooling Type: None
Exterior: Metal
Foundation Type: Block
Features:
Sump Pump     
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1457 Fraser Street, North Bay Ontario

Sutton - Choice Real Estate Inc., Brokerage


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Listing Office: REALTY EXECUTIVES Local Group Inc., Brokerage

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