196 SECOND AVENUE E new Save Request In-Person Tour Request Virtual Tour
North Bay (central),ON P1B1L2
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $124
Subdivision Central
MLS Listing ID X12232857
Bedrooms 6
Source North Bay and Area REALTORS® Association
Property Description
Attention Investors & Contractors Downtown Triplex Opportunity, this brick triplex offers a rare chance to rebuild and maximize income potential. Recently impacted by fire, the interior has been professionally cleaned and fully gutted to the studs and ready for reconstruction. Architectural drawings for a modern 3-unit rental conversion (3 bedroom unit 2 bedroom unit, 1 bedroom unit plus possibly a bachelor office unit) are included. Once rebuilt, market rent projections indicate potential annual income exceeding $72,000. Prime downtown location close to amenities, transit, and services. Property is currently vacant and easy to show. Don't miss this exceptional opportunity to add a high-yield investment to your portfolio. Property is sold "AS IS" where IS (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Extra Room 1 Second level 10 m X 12 m Bedroom 2
Extra Room 2 Basement 10 m X 10 m Bedroom
Extra Room 3 Main level 10 m X 12 m Bedroom 3
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer