1St Ave E

9 Bedroom Real Estate has been listed for sale at 523 1 St Ave E in North Bay for $929,000. Chat with a local expert, book a tour.

North Bay

West Ferris

523 1St Ave E

523 1 St Ave E, For Sale in North Bay - eXp Realty

Attention investors! This well-maintained 9-bachelor unit property has income of $112, 752, with the potential to increase without any renovations. The convenient location to downtown and transportation access to the hospital and university make this a desirable spot for students and single working professionals. With 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2024 gas $4434, hydro $3063, water/waste $1953, insurance $6719. This property is well-maintained and has numerous upgrades in the last 7 years. Responsible tenants. All pay rent on time, online. Fire inspection done in July 2025; all deficiencies were addressed.

523 First Av. E is a 9-unit building, all bachelor apartments. Well maintained and many updates over the last 5 years., replaced drywall, and shingles, and renovated interior of the apartments. All 4 pc bathrooms. All apartments have fridges and stoves. Gas heat. Coin-operated laundry. Workroom and storage for the owner. Paved rear parking. Operating income $99, 124.00. Operating expenses $35526.24. Net income $63597.00 Excellent location, close to public transit to university, easy to rent with 0% vacancy. Responsible tenants, all pay rent on time online. No updates are necessary.

Attention investors! This bright and clean 9 bachelor unit property has a gross income of $105, 984 with the potential rent increase to $128000 without any renovations or extra expenses. The convenient location to downtown and transportation access to the hospital and university make this a desirable spot for students and single-working professionals. With a 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. 2023 Year expenses: gas $4434, Hydro $3063, Water/sewer $1953, INsurance $6719. This property is well-maintained and has had many updates over the past 6 years. Responsible tenants. All rents are paid on time online.

Attention investors!!! This bright and clean 9 bachelor unit property has a gross income of $106, 699 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 2024 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. **EXTRAS** 9 fridges, 9 stoves, coin operated washer and dryer.

523 1 St Ave E, North Bay, ON

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