2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2
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For Sale

$965,000

2060-2084 CASSELLS STREET , North Bay (Central), Ontario P1B4E2

Remarks

Attention investors! Legal 7 unit apartment building consisting of 3-2 bedroom 3-1 bedroom and 1 bachelor apartment, all rented out with market rents and tenants pay their own heat and hydro. This well maintained property currently generates $109,080 in gross income translating to $83,863 in net operating income. Offered for sale at an impressive 8.6% rate of return. There is a mandatory Assumable Mortgage at 5.1% with a 45 year Amortization with approx $840,000 balance which helps give you lower monthly payments and increased monthly cash flow. This property is centrally located, has had many upgrades and improvements and is ready for new management. This is a property any savvy investor would love to own. (id:27)

Property Summary

  • Neighbourhood: Central
  • Lot Frontage: 155.8 Feet
  • Lot Depth: 16.0 Feet
  • Lot Size: 155.91 x 16.01 FT
  • No. of Parking Spaces: 7
  • Zoning: C4

Property Features:

  • Features:
    Irregular lot size
  • Property Type:
    Multi-family

Building Features:

  • Appliances:
    Stove , Refrigerator
  • Building Type:
    Multi-Family
  • Heating Type:
    Baseboard heaters

Office Listing: 

Jarrod Pandolfo Sales Representative

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Neighbourhood Info
Jennifer Kane

Jennifer Kane

Sales Representative

Phone:  705.472.2980

Mobile:  705.471.2975

Fax:  705.472.5421

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Royal LePage Northern Life Realty, Brokerage (Independently owned and operated)

117 CHIPPEWA STREET
North Bay,  ON P1B6G3

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