373 First Avenue E, North Bay (Central), Ontario

$1,179,900

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10

Beds

4

Baths

About 373 First Avenue E

Built for income and positioned for long-term performance, this 2016-built legal triplex presents an excellent opportunity to add a strong multi-residential asset to your investment portfolio. Centrally located in the downtown core of North Bay, the property features three legal residential units plus an additional in-law suite in the lower level, creating four self-contained living spaces and a diversified rental income stream.The main floor is anchored by a spacious 3-bedroom unit featuring an attached garage, open-concept living space and modern finishes. The second level offers two thoughtfully designed 2-bedroom apartments, while the lower level provides a generous open-concept 2-bedroom in-law suite. Each unit is equipped with its own private laundry and 4-PC bath(s)-an attractive feature for tenants and an added advantage for an investor looking for a well-designed, low-maintenance rental property. With all four units currently generating strong rental income at or above market rents, this is an opportunity to acquire an established investment without the heavy lifting typically associated with repositioning an older multiplex. Whether you're expanding an established portfolio or looking for a substantial multi-unit investment, this property checks the boxes that matter to a Landlord. A compelling opportunity to acquire a quality income-producing asset in the heart of North Bay. (id:6289)

More Info on this Central Triplex MLS® listing

373 First Avenue E is a triplex listing for sale in North Bay (Central). The MLS® number is X13860652. It features 10 bedrooms, 4 bathrooms. It's currently listed for $1,179,900. For more details on MLS® X13860652, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in Central is available now!

Selling your Central Triplex property?

Have a similar home to 373 First Avenue E? If you’re thinking about selling your Central triplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your North Bay (Central) property.

Features of 373 First Avenue E

Listing # X13860652
Price $1,179,900
Bedrooms 10
Bathrooms 4.00
Type Multi-family
Sub-Type Triplex

Community Information

Address 373 First Avenue E
Area Central
Subdivision Central
City North Bay (Central)
Province Ontario
Postal Code P1B1K2

Amenities

Amenities Separate Heating Controls
Utilities Sewer, Electricity, Cable
Features Flat site, Lane, In-Law Suite
Parking Spaces 7
Parking Attached Garage, Garage
Garages Attached Garage, Garage
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Water meter, Dishwasher, Stove, Dryer, Water Heater - Tankless, Water Heater
Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No
Basement Full

Exterior

Exterior Stone
Lot Description 66 x 132 FT
Foundation Block

Additional Information

Zoning R6

Listing Details

OfficeRevel Realty Inc. Brokerage

Listing Map

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