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$ 499,900
Est. payment /mo
New
586 Main ST E North Bay, ON P1B 1B8
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Central
MLS Listing ID X12679990
Style 2 1/2 Storey
Bedrooms 6
Annual Tax Amount $3,539
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Excellent investment opportunity in downtown North Bay. This solid income property features three self-contained 1-bedroom units plus a legal 3-room rooming house on the second floor, offering strong and consistent cash flow. Numerous upgrades completed within the past 3-6 years include fresh paint, new flooring, updated kitchens and bathrooms, a 200-amp electrical panel, and owned furnace and hot water tank replaced approximately 3 years ago. Tenants enjoy on-site coin laundry and an unbeatable location within walking distance to shopping, restaurants, public transit, GoodLife Fitness, and the waterfront. A rare, high-performing asset in a prime location-tenants love the convenience, and investors will love the returns.
Location
Province ON
County Nipissing
Community Central
Area Nipissing
Zoning C2
Rooms
Family Room No
Basement Apartment
Kitchen 4
Separate Den/Office 1
Interior
Interior Features Storage, Water Heater Owned
Cooling None
Inclusions Refrigerators, Stoves
Exterior
Parking Features Other
Pool None
Roof Type Shingles
Lot Frontage 29.94
Lot Depth 99.8
Total Parking Spaces 2
Building
Building Age 51-99
Foundation Stone
Others
Senior Community No
Security Features Carbon Monoxide Detectors,Monitored,Smoke Detector
ParcelsYN No
Listed by Coldwell Banker-Peter Minogue R.E., Brokerage
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