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$449,900
Est. payment /mo
3 Baths
4,399 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Central
MLS® Listing ID X12257626
Lot Size 4,399 Sqft
Acres 0.101
Source North Bay and Area REALTORS® Association
Property Description
This solid brick property offers a fantastic opportunity for savvy investors. Thoughtfully updated throughout, it features a modern kitchen and bathroom, fresh flooring, paint, and more. The main living area includes five spacious bedrooms, two full bathrooms, and convenient in-home laundry and is currently renting at $3750 monthly. At the rear of the home, a separate entrance leads to a self-contained granny suite, complete with its own full kitchen, laundry, one bedroom, and a full bathroom. The cozy living area is enhanced by a charming gas fireplace, perfect for added comfort and appeal. This unit is currently renting at $1750 monthly. If you're an investor seeking a strong addition to your portfolio, this versatile property has great cash flow with an NOI of $53,000 per year and is being sold just shy of a 12 cap rate. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
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Muhamed Awada
Real Estate Agent | License ID: 4726552
Real Estate Agent License ID: 4726552