2Nd Ave E

0 Bedroom Real Estate at 147 2 Nd Ave E has been sold for $XXX,XXX. Click here to view details, map, and photos.

147 2 Nd Ave E, Inactive in North Bay - eXp Realty

If you've been searching for the perfect opportunity to enter the investment market, this property could be your ideal match. Priced competitively, this legal, non-conforming all-brick triplex offers a gross income of $41, 086 and an impressive 8% cap rate. The property is centrally located offering easy access to shopping, schools, and a full range of amenities. Its prime location along a public transit route makes it an excellent choice for tenants without vehicles. The main floor features a recently renovated, vacant 3-bedroom unit, ready for new tenants or an owner looking to live on-site while benefiting from rental income. The second-floor 2-bedroom unit and third-floor bachelor unit are both occupied by reliable long-term tenants. For added peace of mind, each unit is separately metered. The partially finished basement offers added storage for the owners belongings. Overall this property offers everything you need to start your rental property portfolio. Coin Operated Laundry generates approx. $1000 annually. Rents are: Bachelor:$717(inclusive of Hydro), 2 Bed: $841+Hydro, 3 Bed (projected): $1, 850+Hydro.

147 SECOND AVE E: 2-2bdrms unit, 1 bachelor unit.3 separate hydro meter.Meter in upstairs bachelor is also part of basement and landlord area.Bachelor rent is all inclusive.Gas meter covers all heat and hydro for all three units. Property has been retrofitted to meet current city fire standards. Move in Condition

Fantastic Investment Opportunity, Gross Income $37, 800 (2023)!!! This solid brick triplex features separate hydro meters. The main-level 3- bedroom unit was recently renovated and is now ready for new tenants at market rent. Not only can you get to set rent, but you can move into one unit and live rent-free, the possibilities are endless. The second floor offers a 2-bedroom unit with a long-term tenant, while the upper unit is a bachelor apartment. Conveniently located with easy access to all amenities.

Fantastic Investment Opportunity, Gross Income $37, 800(2023)!!! This solid brick triplex features separate hydro meters. The main-level 3-bedroom unit was recently renovated and is now ready for new tenants at market rent. Not only do you get to set your own rent, but you can move into one unit and live rent-free, the possibilities are endless. The 2nd floor offers a 2-bedroom unit with a long-term tenant, while the upper unit is a bachelor apartment. Conveniently located with easy access to all amenities.

Fantastic Investment Opportunity, Gross Income $37800(2023)!!! This solid brick triplex features separate hydro meters. The main-level 3-bedroom unit was recently renovated and is now ready for new tenants at market rent. Not only can you get to set rent, but you can move into one unit and live rent-free, the possibilities are endless. The second floor offers a 2-bedroom unit with a long-term tenant, while the upper unit is a bachelor apartment. Conveniently located with easy access to all amenities.

147 2 Nd Ave E, North Bay, ON

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