645 Main Street
North Bay, P1B 1C1
FOR SALE
$589,900
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Investment
CATEGORY 66.31 x 126.55
LOT SIZE X13799122
MLSID Contact Us
Property Description
Attention investors! A rare find in deed yielding around 10% cap rate and zoned both residential and commercial. Lots of possibilities situated on a great lot accommodating roughly 10 vehicles. This legal, low maintenance triplex currently has 2 units empty! Pick your own tenants, Historically each unit has been rented for $2,300.00 plus Hydro! Unit 641 has been fully renovated from top to bottom! Third unit 645 currently occupied by a long term tenant in great standing, paying $1,621.00 per month plus Hydro. The entire property is heated by 1 boiler system, easy to service and well maintained . Very low maintenance exterior with minimal grass. Lots of updates done recently including reno's, paint, roof, electrical panel, appliances and much more. Each unit has their own laundry and basement area for storage. This is the one to add to your portfolio. You can live in one unit and possibly live for free with the income!!! Don't miss out
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Property Details
Address
645 Main Street
Community
City
Postal Code
P1B 1C1
Property Type
Investment, Investment
Use
Apartment
Zoning
C2
Lot Size
66' x 127'
Acreage
8,391.5 Feet
Taxes
$4,258 (2026
Heat Type
Gas Hot Water
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Royal Lepage Northern Life Realty, Brokerage
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