523 First Ave
$979,000
$979,000

523 First Ave

North Bay, Nipissing $979,000

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9 Beds
9 Baths
Parking for 6
W Facing
Zoning: RM1
MLS®#:
X11822405
Property Type:
Multiplex
Property Style:
3-Storey
Area:
Nipissing
Community:
Taxes:
$13,632 / 2024
Added:
December 02 2024
Lot Frontage:
44.00
Lot Depth:
128.00
Status:
Active
Outside:
Brick
Year Built:
Basement:
Finished Sep Entrance
Brokerage:
ROYAL DYNASTY REAL ESTATE LTD.
Lot (Feet):

128

44

Intersection:
Fisher st/First Ave
Rooms:
9
Bedrooms:
9
Bathrooms:
9
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Forced Air
Heating Fuel:
Gas

Listing Description

Attention investors!!! This bright and clean 9 bachelor unit property has a gross income of $105,984 with the potential increase to $128,000 without any renovations. The convenient location to downtown, and transportation access to the hospital and University, make this a desirable spot for students or single-working professionals. With a 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2023 expenses: gas $4,434.19 - hydro $3063.24 - water/waste $1,953 - insurance $6,719. The property is well-maintained and has had many updates over the past 6 years. Responsible tenants. All paid rent on time, online.

9 fridges, 9 stoves, coin operated washer and dryer.

Sale/Lease History of 523 First Ave

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