Property Details

444 MAIN Street E, North Bay, Ontario, P1B1B5

444 MAIN Street E, North Bay, Ontario, P1B1B5 (ID 40220205)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website

$698,000 - For sale

ID#:40220205

Solid 5 plex with a 5.46% cap rate. Property consists of a 3 bedroom unit, 2x2 bedrooms units, and 2x1 bedroom units. Gross income of $69,876.60, Expenses $31,793.40 leaving a net income of $38,083.20. CMHC insured mortgage just under 500k with First National bank must be assumed by purchaser. The 2020 CMHC rates are currently no longer available and 3.1% on the assumable mortgage - Term began in March 2020 for 5 years with a 30 amortization. Details available to qualified Buyers. (id:2471)

Location DescriptionLocated on Main Street East between Fisher and Regina

Property Details
  • Property Address:444 MAIN Street E, North Bay, Ontario, P1B1B5
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 444 MAIN Street E, North Bay, Ontario, P1B1B5
  • Bedrooms:9
  • Bathrooms:3
  • Floor Space:2449.2500
  • Heating Type:Electric, Baseboard heaters
  • Storeys:2
  • Basement Type:Full (Finished)
  • Cooling Type:None
  • Rental Equipment:Water Heater
  • Exterior Type:Vinyl siding
Amenities for 444 MAIN Street E, North Bay, Ontario, P1B1B5
  • Amenities Nearby:Public Transit, Shopping
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website
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444 MAIN Street E, North Bay, Ontario, P1B1B5

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