MLS®: 148645 Status: For sale

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$549,900
Location:

2060-2084 Cassells Street, North Bay Ontario, P1B4E2

2060-2084 Cassells Street, North Bay Ontario
Description:
New price and New Cap Rate @ 9.4% Fully Occupied well maintained Legal Non Conforming 7 Plex with 2018 Fire Retrofit and 2011 ESA completed, Gross Income $71,400, Expenses $19,629.34 Net Income $51,770.66. Income and Expenses based on actual numbers, potential to increase as tenants move out from under rented units. Property consists of 3 x Two bedroom units , 3 x 1 Bedroom units and 1 x Bachelor unit. On File at Listing Brokerage includes... Breakdown of Income and Expenses, Monthly Rents per Apartment, Fire and ESA Inspection Certificate, Zoning Confirmation from the City Of North Bay. Current owners may be willing to Property Manage, if needed, for the new Investor Owner. Shingles replaced 2018 and flat roof replaced within past 5 years (id:2471)
Property:
Type: Multi-family
Acreage: under 1/2 acre
Utility Types Available: Cable (Available)
Sewer: Municipal sewage system
Structure:
Style: Multi-Family
Heating: Baseboard heaters
Cooling Type: None
Exterior: Vinyl siding
Foundation Type: Block
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2060-2084 Cassells Street, North Bay Ontario

REALTY EXECUTIVES Local Group Inc. Brokerage

Sales Representative

Cellular:
(705) 499-8383



Listing Office: REALTY EXECUTIVES Local Group Inc., Brokerage

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