Property Details

245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2

245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: 705-497-9595
Website
245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536) 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2 (ID X13473536)

$1,695,000 - For sale

ID#:X13473536

Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades to each residential unit plus a fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 3 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building, Gross Income $177,309 with Net income $119,124 and a Cap Rate of 7.03 including vacancy, utilities, taxes, maintenance and a 5% property management line. A detailed income and expense statement is available, additional supporting documentation provided upon request. All photos are before tenants moved in. (id:2471)

Location DescriptionCross Streets: Main St. W. or Harriet St. ** Directions: Follow Main St. West to Mattawa St.

Property Details
  • Property Address:245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2
  • Property Type:Multi-family
  • Community Name:West End
  • Lot Size:8950 ac
  • Water Type:Municipal water
  • Driveway:Other
  • Parking Space Total:17
Structure Details for 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2
  • Structure Style:Multi-Family
  • Bathrooms:8
  • Floor Space:8950 sqft
  • Heating Type:Natural gas, Hot water radiator heat
  • Cooling Type:None
  • Appliances Included:Water Heater
Amenities for 245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2
  • Amenities Nearby:Highway, Public Transit
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: 705-497-9595
Website
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245 MATTAWA STREET, North Bay (west End), Ontario, P1B4M2

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