196 Second Avenue E, North Bay, Ontario P1B 1L2 (30184943)

196 Second Avenue E North Bay, Ontario P1B 1L2

8 Bedroom 4 Bathroom 2,000 - 2,500 ft2
None Radiant Heat

$989,900

Calling all investors, this turn key ready to rent legal 4 plex [UNIT 1: 2 BRS & 1 BATH, UNIT 2: 2 BR & 1 BATH, UNIT 3: 3 BRS & 1 BATH, UNIT 4: 1 BR & 1 BATH ] is rebuilt brand new [all interior framing, electrical, heating, plumbing, drywall flooring, baths, kitchens, HRV, and the list goes on] all this work completed in 2026, occupancy permit issued in August 2026. brand new appliances [FRIDGE AND STIOVE] in all 4 units. excellent cash flow, projected NOI $76,660.00 offered at an excellent cap rate of 7.75% thus offering a solid addition to any investment portfolio. Detailed projected income and expense information are available under documents. 4 parking spots and a tool shed for tools in backyard. 5 hydro meters, tenants pay for their own hydro, landlord pays for hydro for mechanical room and laundry room. (id:50976)

Property Details

MLS® Number X13701478
Property Type Multi-family
Community Name Central
Equipment Type Furnace
Features Lighting
Parking Space Total 4
Rental Equipment Type Furnace
Structure Porch

Building

Bathroom Total 4
Bedrooms Above Ground 8
Bedrooms Total 8
Appliances Water Heater - Tankless, Stove, Refrigerator
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a, N/a
Cooling Type None
Exterior Finish Brick Facing, Brick Veneer
Foundation Type Block, Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 85 Ft
Size Frontage 38 Ft
Size Irregular 38 X 85 Ft
Size Total Text 38 X 85 Ft|under 1/2 Acre

Rooms

Level Type Dimensions
Second Level Bedroom 0.1 m x 0.1 m
Second Level Bedroom 2 0.1 m x 0.1 m
Basement Bedroom 0.1 m x 0.1 m
Basement Bedroom 2 0.1 m x 0.1 m
Basement Bedroom 3 0.1 m x 0.1 m
Main Level Bedroom 0.1 m x 0.1 m
Main Level Bedroom 2 0.1 m x 0.1 m
Main Level Bedroom 3 0.1 m x 0.1 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30184943/196-second-avenue-e-north-bay-central-central

Contact Us

Contact us for more information

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Salman S. Kazi
Salesperson

(705) 493-2548
(705) 493-2548

Homelife Elite Services Realty Inc.
2061 Mccowan Road #207
Toronto, Ontario M1S 3Y6

(416) 283-1555
(416) 283-1577

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