860 Worthington Street E, North Bay (Central), Ontario

About 860 Worthington Street E

Strong Cash Flow & Excellent Investment Potential! This solid fourplex is an outstanding opportunity for investors seeking attractive returns and value-add potential. Featuring four spacious, bright 2-bedroom units with efficient radiant in-floor heating on the main floor, gas forced air on the second floor, and in-suite laundry hookups, this property generates over $90,000 in gross annual income. Three units currently rent for $1,950/month, with tenants paying their own utilities(separate gas and hydro meters), keeping operating expenses to a minimum. The fourth unit is currently vacant and freshly updated, offering an excellent opportunity to set market rent and maximize income. With a compelling 7.71% cap rate, low operating costs, and additional rental income potential, this property is well suited for both seasoned investors and those looking to expand their portfolio. Cash flow statement available upon request. (id:6289)

More Info on this Central Fourplex MLS® listing

860 Worthington Street E is a fourplex listing for sale in North Bay (Central). The MLS® number is X14103222. It features 8 bedrooms, 4 bathrooms. It's currently listed for $950,000. For more details on MLS® X14103222, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in Central is available now!

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Have a similar home to 860 Worthington Street E? If you’re thinking about selling your Central fourplex 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.

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