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!!! (id:24093)

"Based on information submitted to CREA as of October 3, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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