Excellent Investment Opportunity in Downtown North Bay! This income property features three self-contained 1-bedroom units plus a spacious 3-bedroom rooming house, offering strong and consistent rental income. With a cap rate of over 9%, this property is a rare find for savvy investors. Recent renovations completed within the past 3-6 years include updates to the flooring, kitchens, bathrooms, and major mechanicals. Tenants enjoy the added convenience of on-site coin laundry. Located in the heart of downtown, it's just steps from shopping, restaurants, public transit, and the beautiful North Bay waterfront. Tenants enjoy convenience, and investors enjoy cash flow this is a win-win! Don't miss out on this high-performing asset in a prime location.
City: North Bay
Located at 586 Main Street , this North Bay house was listed for $499,900. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 2 parking spots.
MLS#: undefined · $499,900 · 6 bedroom house in North Bay