North Bay, ON P1B1B6 447 MAIN Street E
$1,325,000
3 more
Presented By: EXP Realty Brokerage
Home Details
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:7434)
Presented By: EXP Realty Brokerage
Interior Features for 447 MAIN Street E
Other Interior Features
Basement TypeFull
Building Fireplace PresentFalse
General for 447 MAIN Street E
AmenitiesPublic Transit
Building.StoriesTotal2
Location DescriptionOn Main between Fisher Street and Regina
Ownership TypeFreehold
Property TypeOffice
Zoning DescriptionC2
Exterior for 447 MAIN Street E
Land Amenities Public Transit
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty