613 Worthington Street
North Bay, P1B 1H8
FOR SALE
$449,900

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Investment
CATEGORY32.94 x 133.89
LOT SIZEX12257626
MLSIDContact Us
Property Description
This solid brick property offers a fantastic opportunity for savvy investors. Thoughtfully updated throughout, it features a modern kitchen and bathroom, fresh flooring, paint, and more. The main living area includes five spacious bedrooms, two full bathrooms, and convenient in-home laundry and is currently renting at $3750 monthly. At the rear of the home, a separate entrance leads to a self-contained granny suite, complete with its own full kitchen, laundry, one bedroom, and a full bathroom. The cozy living area is enhanced by a charming gas fireplace, perfect for added comfort and appeal. This unit is currently renting at $1650 monthly. If you're an investor seeking a strong addition to your portfolio, this versatile property has great cash flow with an NOI of $51,800 per year and is being sold just shy of a 12 cap rate.
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Property Details
Address
613 Worthington Street
Community
City
Postal Code
P1B 1H8
Property Type
Investment, Investment
Use
Apartment
Zoning
R3
Lot Size
33' x 134'
Acreage
0.1 Feet
Taxes
$3,446 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Royal Lepage Northern Life Realty, Brokerage
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