Attention investors!!! This bright and clean 9 bachelor unit property has a gross income of $105,984 with the potential increase to $128,000 without any renovations. The convenient location to downtown, and transportation access to the hospital and University, make this a desirable spot for students or single-working professionals. With a 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2023 expenses: gas $4,434.19 - hydro $3063.24 - water/waste $1,953 - insurance $6,719. The property is well-maintained and has had many updates over the past 6 years. Responsible tenants. All paid rent on time, online.
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Sold history
General Info
9 bedroom semi-detached house in North Bay 523 First Ave, MLS: X11822405
Style | Type
3-storey | multiplex
Lot Width
44.0 ft
Lot Length
128.0 ft
Rooms
Bedrooms
9
Total Rooms
9
Bathrooms
9
Basement
finished+sep entrance
Parking
Garage spaces
0
Total spaces
6
Driveway
private
Financial info
Taxes
$13,632 / 2024
Additional info
Fireplace/Stove
none
Heating
forced air
Extras
9 fridges, 9 stoves, coin operated washer and dryer.