1189 Cassells Street, North Bay, ON, P1B 4B4
Great Investment Opportunity!! This well looked after Five-Plex is located in central North Bay. This is a solid building with solid financials and a great return! There are 2 - 3 bdrm units, 2 - 2 bdrm units, and 1 - 1 bdrm unit. Unit #1 & #3 & #5 currently pay rent + hydro. There are 6 separate meters for full conversion to rent + hydro if desired. Coin operated laundry adds an additional $1,800 per year to the revenue. Cap Rate of 7.1 % total. Shingles replace in 2021, Flat roof 2023 and 14 windows replace in 2023. This property is ready for the right investor!!!
- Property Address: 1189 Cassells Street, North Bay, ON, P1B 4B4
- Property Type: Residential Income
- Zoning Description: C2
- Sewage Type: Sewer (Municipal)
- Water Type: Municipal
- Driveway: Outside/Surface/Open, Outside/Surface/Open
- Total Parking Spaces: 3
- Waterfront Type: false
- Maintenance Fee: 0.00
- Storeys: 2
- Bedrooms: 11
- Bathrooms: 5-Total
- Basement Type: Full, Partially Finished
- Cooling: None
- Exterior Type: Brick, Block
- Foundation Type: Block
- Structures: Multi-5 Unit
- Separate Hydro Meters
- Coin Operated
- Ample Parking
- City Lot
- Place of Worship
- Playground Nearby
- Public Transit
- School Bus Route
- Shopping Nearby
- Carbon Monoxide Detector
- Smoke Detector
- Carbon Monoxide Detector(s)
Listing Office: Royal LePage Northern Life Realty, Brokerage
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. REALTOR®, MLS® and the associated logos are trademarks of the Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association and is licensed to trade residential and/or commercialreal estate. Any out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province. All information displayed on this website is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.