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Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades such as ESA report 2019, fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 2 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building.
Carbon Monoxide Detector, Hot Water Tank Owned, Smoke Detector, 5 fridges, 5 stoves, 4 built in all in one laundry machines
City: North Bay
Neighborhood: West End
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Jan 10, 2025 | N/A | $1,650,000 | N/A | Sold | X11917902 |
Purchase Price | $1650000 |
Down Payment | $330000 |
Mortgage Insurance | $0 |
Total Mortgage | $1320000 |
Mortgage Payment | $8134 |
Property Taxes | $1294 |
Maintenance Fees | $0 |
Monthly Payment | $9429 |
Sold Comparables homes near 245 Mattawa St, North Bay
Located at 245 Mattawa St , this North Bay house is available for sale. This property was listed for $1,590,000 on Mon Mar 31 2025. This house's size is 5000 + Sqft. It has 9 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 14 parking spots. 245 Mattawa St, North Bay is situated in the West End neighbourhood.
MLS#: X11928875 · $1,590,000 · 9 bedroom house in West End, North Bay