196 SECOND AVENUE E, North Bay (central), ON P1B1L2
196 SECOND AVENUE E, North Bay (central), ON P1B1L2
196 SECOND AVENUE E, North Bay (central), ON P1B1L2
196 SECOND AVENUE E, North Bay (central), ON P1B1L2
196 SECOND AVENUE E, North Bay (central), ON P1B1L2
196 SECOND AVENUE E, North Bay (central), ON P1B1L2
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Mehrsa Maali

Mehrsa Maali

+1(778) 928-7044
$ 989,900
Est. payment | /mo

8 Beds

4 Baths

2,000 SqFt

Save
$ 989,900
Est. payment | /mo
Save

8 Beds

4 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $494

Subdivision Central

MLS® Listing ID X13701478

Bedrooms 8

Property Description

Calling all investors, this turn key ready to rent legal 4 plex [UNIT 1: 2 BRS & 1 BATH, UNIT 2: 2 BR & 1 BATH, UNIT 3: 3 BRS & 1 BATH, UNIT 4: 1 BR & 1 BATH ] is rebuilt brand new [all interior framing, electrical, heating, plumbing, drywall flooring, baths, kitchens, HRV, and the list goes on] all this work completed in 2026, occupancy permit issued in August 2026. brand new appliances [FRIDGE AND STIOVE] in all 4 units. excellent cash flow, projected NOI $76,660.00 offered at an excellent cap rate of 7.75% thus offering a solid addition to any investment portfolio. Detailed projected income and expense information are available under documents. 4 parking spots and a tool shed for tools in backyard. 5 hydro meters, tenants pay for their own hydro, landlord pays for hydro for mechanical room and laundry room. There were minor changes made to actual construction as compared to plans attached. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Extra Room 1 Second level 0.1 m X 0.1 m Bedroom

Extra Room 2 Second level 0.1 m X 0.1 m Bedroom 2

Extra Room 3 Basement 0.1 m X 0.1 m Bedroom

Extra Room 4 Basement 0.1 m X 0.1 m Bedroom 2

Extra Room 5 Basement 0.1 m X 0.1 m Bedroom 3

Extra Room 6 Main level 0.1 m X 0.1 m Bedroom

Interior

Heating Radiant heat

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by HOMELIFE ELITE SERVICES REALTY INC.
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Mehrsa Maali
Mehrsa Maali

Agent License ID: 188684

+1(778) 928-7044

# 1100 1631 Dickson Ave, Kelowna, Columbia V1Y0B5, Canada

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196 SECOND AVENUE E