483 1st Ave E
North Bay
$425,000
Buy with Dwelly and Save $4,250
Home Details
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Listing Description
This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo).
City: North Bay
Property History
Rooms
Room dimensions for 483 1st Ave E, North Bay
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 483 1st Ave E is 2385
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $425000 |
| Down Payment | $85000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $340000 |
Monthly Payment
| Mortgage Payment | $2095 |
| Property Taxes | $290 |
| Maintenance Fees | $0 |
| Monthly Payment | $2385 |
About 483 1st Ave E, North Bay
Located at 483 1st Ave E , this North Bay house is available for sale. This property was listed for $425,000 on Fri Aug 30 2024. This house's size is 2000-2500 Sqft. It has 9 bedrooms and 5 bathrooms. The property includes the following rooms: Br, Family, Kitchen, Furnace, Br, 2nd Br, 3rd Br, Family, Kitchen, Bathroom, Br, 2nd Br. This property comes with 4 parking spots.
MLS#: X9284705 · $425,000 · 9 bedroom house in North Bay