483 1st Ave E, North Bay
Fourplex house for sale at 483 1st Ave E North Bay Ontario

483 1st Ave E

North Bay, Ontario
Cross St: Regina St
Fourplex | 2 1/2 Storey | Freehold

$425,000/ For Sale

Taxes : $3,478/2023
Bed : 9 | Bath : 5
Kitchen: 4

Details | 483 1st Ave E

This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo).

Property Details:
  • HOOD : N/A
  • Approx. Age : 100+
  • Lot : 34.68 x 127.70 Feet
  • Fronting On : W
  • MLS #: X9284705
  • Pool : None
  • Taxes : $3,478 / 2023
  • Zoning : Multiplex
  • Exterior : Brick
  • Water : Municipal
  • Sewer : Sewers
  • Building Details:
  • Sqft : 2000-2500
  • Bedroom : 9
  • BATH : 5
  • KITCHEN : 4
  • FAMILY ROOM : Y
  • BASEMENT : Finished
  • APRX AGE : 100+
  • GARAGE : None/0.0
  • PARKING SPACES : 4
  • HEATING : Radiant/Gas
  • A/C : Wall Unit
  • FIRE PLACE : N
  • Room Details:

    Room Level Length (m) Width (m) Description 1 Description 2 Description 3
    Br Bsmt 2.74 4.26
    Family Bsmt 4.57 4.26
    Kitchen Bsmt 3.50 3.96
    Furnace Bsmt 2.40 3.35
    Br Ground 2.44 3.35
    2nd Br Ground 2.74 4.27
    3rd Br Ground 3.05 2.29
    Family Ground 4.57 4.26
    Kitchen Ground 3.96 3.35
    Bathroom Ground 3.05 3.05
    Br 2nd 3.66 3.35
    2nd Br 2nd 3.66 3.35

    Listed By: CHASE REALTY INC.

    More Info / Showing:
    Or call me directly at (416) 886-6703
    KAZI HOSSAIN
    Sales Representative
    Right At Home Realty Inc.
    "Serving The Community For Over 17 Years!"
    >>>>>>>>>>>>>>>