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Home ON Greater North Bay North Bay
646 MAIN STREET E
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646 MAIN STREET E $449,900
$449,900
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646 MAIN STREET E
North Bay (Central), Ontario P1B1B9

MLS® Number: X12069172

Listing 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! (40205484)

Location Description

Main Street/John Street/Oak Street

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Central
Land Size
33 x 132 FT
Age Of Building
100+ years
Annual Property Taxes
$3,479.65
Total Parking Spaces
3
Time on REALTOR.ca
17 days

Building

Interior Features
Appliances Included
Dryer, Stove, Refrigerator
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation
Parking
Total Parking Spaces
3

Measurements

Square Footage
2109 sqft

Land

Lot Features
Frontage
33 ft
Land Depth
132 ft
Other Property Information
Zoning Description
C2
Data provided by: North Bay and Area REALTORS® Association 1281 Cassells Street, North Bay, Ontario P1B 4B8

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