SinghBrothers.ca

114 Sixth Avenue W North Bay, Ontario P1B 3P2

4 Bedroom 2 Bathroom 1440
2 Level None Forced Air

$449,900

Investment opportunity for those looking for option of live in one - rent other to help offset your expenses and grow your investment. This property features updated siding, shingles, windows, electrical, & plumbing, ensuring minimal maintenance and maximum appeal. Recent additions include main-level laundry facilities, new kitchens, and stylish vinyl plank flooring that is both durable and water-resistant. The timeless charm of 9-foot ceilings creates an atmosphere of spaciousness and comfort throughout. Each unit has its own private balcony and entrance, as well as separate metering, providing tenants with privacy and convenience. Situated in a central location with easy access to public transportation, grocery stores, parks, cafes, and community centers, this property offers tenants the quintessential urban lifestyle. A Legal Duplex that offers investors the chance to expand their turnkey portfolio or indulge in the dual benefits of living in one unit while leasing out the other. Annual Gross Revenue of $48,888 and an impressive annual cap rate of 6.81% inclusive of management, maintenance & vacancy rates, this income property promises substantial returns. Whether you're looking to expand your investment portfolio or enjoy the benefits of passive income, this Legal Duplex is your gateway to financial success and lifestyle enrichment. (id:51013)

Property Details

MLS® Number 40567020
Property Type Single Family
Amenities Near By Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Equipment Type Furnace, Water Heater
Parking Space Total 2
Rental Equipment Type Furnace, Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Architectural Style 2 Level
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Aluminum Siding
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1440
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 56 Ft
Size Frontage 36 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

Rooms

Level Type Dimensions
Second Level 3pc Bathroom 7'5'' x 5'9''
Second Level Dining Room 11'10'' x 9'9''
Second Level Living Room 11'10'' x 11'7''
Second Level Kitchen 11'10'' x 7'1''
Second Level Bedroom 10'9'' x 9'4''
Second Level Bedroom 10'9'' x 10'4''
Main Level 3pc Bathroom 7'5'' x 5'9''
Main Level Living Room 11'10'' x 11'7''
Main Level Kitchen/dining Room 11'10'' x 16'5''
Main Level Bedroom 10'9'' x 9'4''
Main Level Bedroom 10'9'' x 10'4''

https://www.realtor.ca/real-estate/26718879/114-sixth-avenue-w-north-bay

Contact Us

Contact us for more information

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Mike Burman
Broker of Record

(705) 477-4442
www.mikeburmanhomes.ca/
www.facebook.com/MikeBurmanRealEstate/
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Realty Executives Local Group Inc. Brokerage
325 Main Street, West
North Bay, Ontario P1B 2T9

(705) 478-8588
www.realtyexecutivesnorthbay.com

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