Property Details

821 CEDAR Street, North Bay, Ontario, P1B6P9

821 CEDAR Street, North Bay, Ontario, P1B6P9 (ID 40220209)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website

$949,900 - For sale

ID#:40220209

Solid 6 plex with a 5.76% cap rate. Property consists of a 2x3 bedroom units, 2x2 bedrooms units, and 2x1 bedroom units. Coin laundry on one side of building and lots of parking. Gross income of $96,182.88, Expenses $41,995.64 including PM fees and maintenance costs leaving a net income of $54,187.24. CMHC insured mortgage with First National bank must be assumed by purchaser. 2020 Fire retrofit on file. (id:2471)

Location DescriptionFront street to Morin. Building on the corner of Morin & Cedar.

Property Details
  • Property Address:821 CEDAR Street, North Bay, Ontario, P1B6P9
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
Structure Details for 821 CEDAR Street, North Bay, Ontario, P1B6P9
  • Bedrooms:12
  • Bathrooms:6
  • Floor Space:4264.2400
  • Heating Type:Hot water radiator heat
  • Storeys:2
  • Basement Type:Full (Finished)
  • Foundation Type:Block
  • Cooling Type:None
  • Rental Equipment:Water Heater
  • Exterior Type:Brick, Vinyl siding
Amenities for 821 CEDAR Street, North Bay, Ontario, P1B6P9 School Bus
  • Amenities Nearby:Public Transit, Schools, Shopping
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website
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821 CEDAR Street, North Bay, Ontario, P1B6P9

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