Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
Multi-family For Sale 4319 Hwy 11 N, North Bay, Ontario
16

Multi-family For Sale $1,140,000 4319 HWY 11 N, north bay, Ontario

MLS#: 40522481

REALTY EXECUTIVES Local Group Inc. Brokerage
Add to Collection
Download
Print
Download
Get Directions
Estimate Payments
Summary
Status
Active

Estimate Payments

Address
4319 HWY 11 N, north bay, Ontario
Size
5093.0000
Listing Type
For sale
Property Type
Multi-family
Commercial Type
n/a

Photos

16

Description

Turnkey cash flowing 13 Unit residential complex sitting on 1 acre consisting of a newly renovated 3-bedroom stand-alone house, and a 12 unit converted motel rezoned in 2022 with 11 bachelor units and 1x1 bedroom unit. Gross rents are $135,791 with expense calculation including property management, vacancy and maintenance equaling $50,155 giving a net income before mortgage of $85,636. This complex has only 7 units close too or at market rent giving the new owner room to lift their investment when the remaining 5 tenants move out. Many supporting docs on including new shingles with ice guard to peak 2023, site plan control showing all buildings parking etc., water testing and well reports, zoning confirmations, fire retrofit 2014 and of course a detailed income and expenses report. 3 Bedroom house just received occupancy permits from city, previous fire remediation and recently renovated. Any touched renovations done to current code including electrical, gas furnace, framing, drywall etc. 4 older septics, drilled well with engineering reports under MOE guidelines. (id:15472)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City north bay
Province Ontario
PostalCode P1B8G3
Country Canada
Location Description Hwy 11 North of North Bay 10 minutes to property
Subdivision College Heights
Community Features School Bus
Street Address 4319 HWY 11 N
Property TypeMulti-family
Transaction TypeFor sale
Ownership TypeFreehold
MLS #40522481
Size Total1.028 ac|1/2 - 1.99 acres
Size Frontage210 ft
Access TypeHighway access
AcreageYes
SewerSeptic System
Size Depth210 ft
Size Irregular1.028
FeaturesVisual exposure, Crushed stone driveway, Laundry- Coin operated
Zoning DescriptionRC Sp.22 with SPC
Property TypeMulti-family
Stories Total 1
Size Interior 5093.0000
Utility Water Well
Parking Space Total 18
Basement Type None
Cooling Type None
Exterior Finish Vinyl siding
Fireplace Present False
Foundation Type Block
Heating Fuel Electric, Natural gas
Heating Type Baseboard heaters, Forced air
Price 1140000.00
Listing Contract Date 2023-12-18
Lease 0.00
%

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Olga Tarasenko

B.Ling (BACHELOR OF LINGUISTICS), DIBM

Contact

For more details, please contact our specialists.

Add to Collection
Print
Download
Get Directions
Powered By Realtor.caMLS Logo

Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Related Commercial Multi-family Properties In north bay Ontario

Sold Listings

29

Industrial Space for Lease

Call For Price

1-1441 Clark Drive

5093.0000

1

Nail Salon Business for Sale

$198,000

10785 CONFIDENTIAL

5093.0000

8

Granville Island Smoke Shop Business for Sale

$99,000

305 1689 Johnston Street

5093.0000

27

Granville Island Landmark Shop for Sale

$119,000

142 1689 Johnston Street

5093.0000

25

Office Space for Lease

$0

215 5577 153A Street

5093.0000

2

Established Bubble Tea Shop

$75,000

1618 152 Ave

5093.0000

0

Call For Price

5093.0000

7

Bottle Depot Business

$919,000

Confidential

5093.0000

7

Moran Mobile Home Park

$815,000

2271 Farrell Street

5093.0000

arrow-right linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram