331 4th Avenue East, North Bay | Image 1

331 4th Avenue East

North Bay, Central

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R3

  • Age: 100+ years

  • Taxes: 2978

  • MLS®#: X12019039

  • Days on Site: 1 Days

  • Added: Mar 13, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 month ago

  • Listed By: Royal LePage Northern Life Realty, Brokerage

Fully renovated legal duplex located within walking distance to everything someone would need. This investment property has been the recipient of many very nice upgrades including new steel roof, all new flooring, paint, bathrooms, kitchens and two separate hydro meters. There is 1- 1 bedroom unit and another 2 bedroom unit. Each with their own separate entrance. Lots of parking on the newly installed stamped concrete driveway. One unit is currently rented for $1400 and the other is rented for $1300 and the other is. Both units are plus heat & hydro. You can live in one and rent out the other to not have a mortgage payment. Loads of options with this property. Would be another investment property to make you proud to own.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Net Income: 24842

  • Area: North Bay

  • Community: Central

  • Availability Date: As per LLTB

  • Assessment Amount: $172,000

  • Assessment Year: 2025

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2025

  • Tax Legal Description: E1/2 LT 13 PL 57 WIDDIFIELD; NORTH BAY ; DISTRICT OF NIPISSING

  • Taxes: $2,978

  • Expenses: Est

  • Insurance Fee: 2300

  • Operating Fees: 7558

  • Other Expenses: 480

  • Taxes Type: Annual

  • Taxes: 2978

  • Tax Year: 7558

  • Water Fees: 1800

Land

  • Cross Street: FOURTH AVE E AND FIS

  • Municipality District: North Bay

  • Parcel Number: 491550417

  • Sewer: San+Storm

  • Lot Depth: 115 Feet

  • Lot Frontage: 33 Feet

  • Zoning: R3

Commercial Specific

  • Sprinklers: N

  • Total Area: 0.09

  • Total Area Metric: Acres

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Gross Income/Sales: 32400

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Very Walkable

  • Most errands can be accomplished on foot.
80 /100

Very Bikeable

  • Most errands can be accomplished on bike.
89 /100
Map of 331 4th Avenue East, North Bay
JK-8

Mother St Bride School

Elementary: Catholic
1.10 km
JK-6

École séparée Saint-Vincent

Elementary: Catholic
0.32 km
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École secondaire catholique Algonquin

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St. Luke Separate School

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Chippewa Intermediate School

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Alliance French Immersion Public School

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École secondaire publique Odyssée

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West Ferris Secondary School

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École secondaire catholique Algonquin

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Chippewa Secondary School

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0.71 km
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Widdifield Secondary School

Secondary: Public
2.77 km
9-12

St Joseph-Scollard Hall Secondary School

Secondary: Catholic
1.39 km

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