613 Worthington Street E North Bay, Ontario P1B 1H8
$449,900
This solid brick property offers a fantastic opportunity for savvy investors. Thoughtfully updated throughout, it features a modern kitchen and bathroom, fresh flooring, paint, and more. The main living area includes five spacious bedrooms, two full bathrooms, and convenient in-home laundry and is currently renting at $3750 monthly. At the rear of the home, a separate entrance leads to a self-contained granny suite, complete with its own full kitchen, laundry, one bedroom, and a full bathroom. The cozy living area is enhanced by a charming gas fireplace, perfect for added comfort and appeal. This unit is currently renting at $1750 monthly. If you're an investor seeking a strong addition to your portfolio, this versatile property has great cash flow with an NOI of $53,000 per year and is being sold just shy of a 12 cap rate. (id:50886)
Business
Business Type | Residential |
Business Sub Type | Apartments |
Property Details
MLS® Number | X12257626 |
Property Type | Multi-family |
Community Name | Central |
Parking Space Total | 3 |
Building
Bathroom Total | 3 |
Age | 51 To 99 Years |
Appliances | Dishwasher, Dryer, Two Washers |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Type | Multi-family |
Utility Water | Municipal Water |
Land
Acreage | No |
Size Depth | 133 Ft ,10 In |
Size Frontage | 32 Ft ,11 In |
Size Irregular | 0.101 |
Size Total | 0.101 Ac |
Size Total Text | 0.101 Ac |
Zoning Description | R3 |
https://www.realtor.ca/real-estate/28547740/613-worthington-street-e-north-bay-central-central
Contact Us
Contact us for more information
Zach Hunter
Salesperson
117 Chippewa Street West
North Bay, Ontario P1B 6G3
(705) 472-2980