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North Bay,ON P1B 1B9
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,109 sqft
Price per Sqft $213
Subdivision Central
MLS Listing ID X12069172
Building Age 100+
Annual Tax Amount $3,479
Tax Year 2024
Property Sub-Type Investment
Property Description
Fantastic Investment Opportunity - Triplex. Discover this triplex offering a solid opportunity to kickstart or expand your rental portfolio. With positive cash flow already in place and the ability to increase rents to market value as tenancies turn over, this property is a smart, income-generating asset. Each tenant pays their own rent and utilities (Separate meters), with the exception of water keeping operational costs manageable for the owner. A shared laundry room adds convenience for tenants, while the property's C2 zoning allows for a wide range of potential future uses, adding to its versatility and long-term value. Don't miss out on this flexible and financially sound investment!
Location
Province ON
County Nipissing
Community Central
Area Nipissing
Interior
Cooling No
Exterior
Community Features Public Transit,Recreation/Community Centre
Utilities Available Yes
Lot Frontage 33.0
Lot Depth 132.0