$1,140,000
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4319 Highway 11 N, North Bay, ON P1B8G3

0 Beds
0 Baths
5,093 Sq Ft

Seller willing to hold a second VTB mortgage to cover your down payment. Want a cash flowing property that meets the 1% rule? What will the property cash flow produce as interest rates decline? Turnkey 13 Unit residential complex sitting on 1 acre consisting of a newly renovated 3-bedroom stand-alone house, and a 12 unit converted motel rezoned in 2022 with 11 bachelor units and 1x1 bedroom unit. Gross rents are $137410 with expense calculation including property management, vacancy and maintenance equaling $58571 giving a net income before mortgage of $78838. This complex has only 7 units close too or at market rent giving the new owner room to lift their investment when the remaining 5 tenants move out. Many supporting docs on including new shingles with ice guard to peak 2023, site plan control showing all buildings parking etc., water testing and well reports, zoning confirmations, fire retrofit 2014 and of course a detailed income and expenses report. 3 Bedroom house just received occupancy permits from city, previous fire remediation and recently renovated. Any touched renovations done to current code including electrical, gas furnace, framing, drywall etc. 4 older septics, drilled well with engineering reports under MOE guidelines. (id:55598)

  • MLS® 40600933
  • Date Listed06/07/2024
  • Days on Realty 197 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size -
  • Sewer Septic Tank
  • Property Type Other
  • Water Well
  • Square Feet 5,093 sq. ft
  • Price Per Sq. Ft $223.84

Interior Features

  • Cooling None
  • Heating Baseboard Heaters, Forced Air, Electric, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / P1B8G3

Source: Walkscore


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 22/100.

Points of interest near 4319 HIGHWAY 11 N, North Bay, ON P1B8G3

Frequently Asked Questions for 4319 HIGHWAY 11 N

Source: Realty.com

4319 HIGHWAY 11 N, North Bay, ON P1B8G3 is a Other, Residential Income property listed for $1,140,000 The property is 5093 sq. ft with 0 bedrooms and 0 bathrooms

Realty.com has 16 photos of 4319 HIGHWAY 11 N.

The full address for this home is 4319 HIGHWAY 11 N, North Bay, ON P1B8G3.

4319 HIGHWAY 11 N has been listed on Realty.com since Fri June 07, 2024

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 22/100.

Listing provided courtesy of: REALTY EXECUTIVES Local Group Inc. Brokerage (tel: (705) 478-8588)
Listing agent: MIKE BURMAN (tel: (705) 477-4442)

This content last refreshed on 2024-12-21 04:40:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 4319 HIGHWAY 11 N, North Bay, ON P1B8G3 : MLS® 40600933