251-257 Main Street East, North Bay | Image 1

251-257 Main Street East

North Bay, Central

  • Commercial

$X,XXX,XXX
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: C2

  • Age: 51-99 years

  • Taxes: 9486.39

  • MLS®#: X12013040

  • Days on Site: 1 Days

  • Added: Mar 11, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: RE/MAX CROWN REALTY (1989) INC.

Investment Opportunity - 6 units: 5 residential & 1 commercial. Annual Net Income $82,890.25. (2) 3 bedroom, (4) 2 bed, (1) 3 bed. 1150 Sqft commercial unit. This building has been thoroughly renovated over the past 7 years. All windows, kitchens, bathrooms and flooring, roof (membrane) 2016. heating (boiler) 2023, hot water tanks 2022. Income / Expense and Rent Roll available to qualified buyers.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Net Income: 125063

  • Area: North Bay

  • Community: Central

  • Availability Date: TBA

  • Assessment Amount: $405,000

  • Assessment Year: 2025

Inside

  • Bathrooms: 7

  • Air Conditioning: N

  • Washrooms: 7

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Radiant

  • Elevator: None

  • UFFI: No

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2025

  • Tax Legal Description: E 1/2 LT 24 PL 10 WIDDIFIELD; NORTH BAY ; DISTRICT OF NIPISSING

  • Taxes: $9,486

  • Expenses: Act

  • Management Expense: 6253

  • Insurance Fee: 6677

  • Operating Fees: 421733

  • Hydro Expense: 4920

  • Heat Expenses: 6467

  • Taxes Type: Annual

  • Taxes: 9486

  • Tax Year: 2024

  • Water Fees: 2116

Land

  • Cross Street: Main Street East & S

  • Municipality District: North Bay

  • Sewer: Sanitary

  • Lot Depth: 132 Feet

  • Lot Frontage: 33 Feet

  • Zoning: C2

Commercial Specific

  • Rail: N

  • Retail Area: 1150

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 6500

  • Total Area Metric: Sq Ft

  • Office Size: 5380

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Days Open: V

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Building

  • Survey: N

  • Soil Test: N

  • Vacancy Allowance: 1279

  • Financial Statement: Y

  • LLBO: Y

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