Attention investors! Legal 7 unit apartment building consisting of 3-2 bedroom 3-1 bedroom and 1 bachelor apartment, all rented out with market rents and tenants pay their own heat and hydro. This well maintained property currently generates $109,080 in gross income translating to $83,863 in net operating income. Offered for sale at an impressive 8.6% rate of return. This property is centrally located, has had many upgrades and improvements and is ready for new management. This is a property any savvy investor would love to own. (id:61445)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X12001469 |
Property Type | Multi-family |
Community Name | Central |
Features | Irregular Lot Size |
ParkingSpaceTotal | 7 |
Appliances | Stove, Refrigerator |
HeatingType | Baseboard Heaters |
SizeInterior | 0.142 Ac |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 16 Ft |
SizeFrontage | 155 Ft ,10 In |
SizeIrregular | 155.91 X 16.01 Ft |
SizeTotalText | 155.91 X 16.01 Ft |
ZoningDescription | C4 |
https://www.realtor.ca/real-estate/27982661/2060-2084-cassells-street-north-bay-central-central
Contact us for more information
Jarrod Pandolfo
Salesperson