Property Details
745 MORIN STREET, North Bay (central), Ontario, P1B5S1
$1,110,000 - For sale
Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. (id:2471)
Location DescriptionCross Streets: High St. ** Directions: 745 Morin St between High St and Rose Ave.
- Property Address:745 MORIN STREET, North Bay (central), Ontario, P1B5S1
- Property Type:Multi-family
- Community Name:Central
- Lot Size:50 x 125 FT
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Driveway:No Garage
- Parking Space Total:4
- Structure Style:Triplex
- Bedrooms:6+2
- Bathrooms:3
- Floor Space:2500 - 3000 sqft
- Heating Type:Natural gas, Radiant heat
- Storeys:2
- Basement Type:Full (Finished)
- Foundation Type:Block
- Cooling Type:None
- Appliances Included:Water meter, Dryer, Stove, Washer, Refrigerator
- Rental Equipment:Water Heater
- Exterior Type:Brick
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- Map 745 MORIN STREET, North Bay (central), Ontario, P1B5S1
- Neighbourhood Information
745 MORIN STREET, North Bay (central), Ontario, P1B5S1
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