586 Main St E

For Sale 104 Days
$499,900
6 beds
4 baths

586 Main St E

For Sale 104 Days
$499,900
6 beds
4 baths

Highlights

Key insights

Description

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. (id:63267)

ANGELA ASHFORD of Coldwell Banker-Peter Minogue R.E., Brokerage,
#X12274089
updated 1 week ago.
Houseful checked MLS® for data 1 week ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    2
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    6
Location
  • Subdivision
    Central
  • Directions
    1402034
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12274089
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28582525/586-main-street-e-north-bay-central-central
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,333

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25 Years fixed, 20% down payment, % interest
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