ON > North Bay > Central
North Bay, ON P1B 1L6,332 Second AVE E
North Bay, ON P1B 1L6,332 Second AVE E
North Bay, ON P1B 1L6,332 Second AVE E
North Bay, ON P1B 1L6,332 Second AVE E
North Bay, ON P1B 1L6,332 Second AVE E
North Bay, ON P1B 1L6,332 Second AVE E
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LiLiT Hakobyan

LiLiT Hakobyan

+1(416) 816-5514
$ 499,900
Est. payment | /mo

5 Beds

3 Baths

Save
$ 499,900
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Central

MLS Listing ID X11986882

Style 3-Storey

Bedrooms 5

Building Age 51-99

Annual Tax Amount $4,200

Tax Year 2024

Property Sub-Type Triplex

Property Description

332 Second Avenue E is a well-maintained triplex that has seen several updates over the years. Whether you're looking to live in one unit and collect rent from the others or just looking for a great investment opportunity, then look no further. This property is centrally located close to all amenities, including shopping, transit, and more. Unit 1 on the main floor has been renovated from the studs and is a large 1-bedroom, 1-bathroom unit with it's own laundry room and is currently renting for $1435 per month inclusive. Unit 2 on the second floor has 2 bedrooms and 1 bathroom with laundry and is currently collecting $1155.69 per month, inclusive. Unit 3 on the top floor has seen many updates and upgrades, boasting a 2 bedroom and 1 bathroom that currently generates $1425 a month, inclusive. This building has been well maintained over the years, with the foundation being reinforced, updated electrical, fire retrofit, and the updated roof in 2020. Gross income is $48,188.28 annually, with lots of opportunity to increase equity and with the separate hydro meters for each unit to minimize your expenses, you don't want to miss out on this opportunity.

Location

Province ON

County Nipissing

Community Central

Area Nipissing

Zoning R3

Rooms

Family Room Yes

Basement Crawl Space

Kitchen 3

Interior

Interior Features Separate Hydro Meter, Water Heater Owned

Cooling None

Inclusions Fridge x2, Stove x2, washer and dryer.

Exterior

Exterior Feature Porch

Parking Features Available, Front Yard Parking

Pool None

View Downtown

Roof Type Asphalt Shingle

Lot Frontage 33.0

Lot Depth 132.0

Total Parking Spaces 3

Building

Foundation Stone

Others

Senior Community No

Listed by Royal LePage Northern Life Realty, Brokerage
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"My job is to  deliver more results for you when you are buying or selling your property! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge St, L4C 0T, Hill, Ontario, Canada

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332 Second AVE E