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. (id:50886)
MLS® Number | 40689000 |
Property Type | Multi-family |
AmenitiesNearBy | Airport, Golf Nearby, Hospital, Public Transit, Shopping |
CommunityFeatures | School Bus |
Features | Visual Exposure, Paved Driveway |
ParkingSpaceTotal | 14 |
BathroomTotal | 5 |
BedroomsTotal | 12 |
BasementDevelopment | Partially Finished |
BasementType | Partial (partially Finished) |
CoolingType | None |
ExteriorFinish | Brick, Stucco |
FoundationType | Block |
HeatingFuel | Natural Gas |
StoriesTotal | 2 |
SizeInterior | 8950 Sqft |
UtilityWater | Municipal Water |
Attached Garage |
AccessType | Road Access |
Acreage | No |
LandAmenities | Airport, Golf Nearby, Hospital, Public Transit, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 37 Ft |
SizeFrontage | 164 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | M2 |
https://www.realtor.ca/real-estate/27789486/245-mattawa-street-north-bay
Contact us for more information
Mike Burman
Broker of Record
Josee Laperle
Salesperson