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447 MAIN Street E
North Bay Ontario P1B1B6 Canada

$1,325,000

Active Listing ID 40676155
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9,660 square feet
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Office

$1,325,000

Active Listing ID 40676155
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447 MAIN Street E This income-generating property on the east side of Downtown North Bay features ten updated residential units (nine 1-bed and one 2-bed) with secure entry and shared laundry. The commercial unit, currently leased to a local antique shop, provides stable rental income on a 3-year term. The property generates $176, 596.00 annually, with additional value-add potential through further unit improvements. Documentation includes a 2017 fire inspection, recent survey, updated rent roll, and financials for 2024. Constructed with concrete block walls, steel beams, hot water heating, and a membrane roof. This is a strong investment in a convenient North Bay location. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Office
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 12/4/2024 11:35:50 PM GMT
Source Updated Date: 12/25/2024 10:41:51 PM GMT

Courtesy of: Daryl Babineau, Salesperson, EXP Realty Brokerage