4319 Hwy 11 North, North Bay | Image 1

4319 Hwy 11 North

North Bay

  • - bed - bath
$X,XXX,XXX est.*: $3,862/mo
For Sale

Added 10 months ago

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  • Type: Multiplex

  • Style: Other

  • Lot Size: 210 x 210 Feet

  • Age: No Data

  • Taxes: $9,545 per year

  • Days on Site: 109 Days

  • Added: Dec 19, 2023 (10 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X7406030

  • Listed By: Realty executives local group, brokerage

TURNKEY CASH FLOWING 13 UNIT RESIDENTIAL COMPLEX SITTING ON 1 ACRE CONSISTING OF NEWLY RENOVATED 3 BEDROOM STAND - ALONE HOUSE, AND A 12 UNIT CONVERTED MOTEL REZONED IN 2022 WITH 11 BACHELOR UNITS AND 1 X 1 BEDROOM UNIT. GROSS RENTS ARE $133,962 WITH EXPENSE CALCULATION INCLUDING PROPERTY MANAGEMENT, VACANCY & MAINTENANCE EQUALLING $48,402 GIVING A NET INCOME BEFORE MORTGAGE OF $82,218 THIS COMPLEX HAS ONLY 7 UNITS CLOSE TO 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 & WELL REPORTS, ZONING CONFIRMATIONS, FIRE RETROFIT 2014 AND OF COURSE A DETAILED INCOME & EXPENSES REPORT. 3 BEDROOM HOUSE JUST RECEIVED OCCUPANCY PERMITS FROM THE CITY, PREVIOUS FIRE REMEDIATION AND RECENTLY RENOVATED. 20 ROOMS, 13 KITCHENS, 13 X 3 PC BATHROOMS.

Extras

**INTERBOARD LISTING: NORTH BAY REAL ESTATE BOARD**

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Area: North Bay

  • Availability Date: TBA

Inside

  • Bedrooms: 9

  • Bathrooms: 13

  • Kitchens: 9

  • Rooms: 16

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 13

Building

  • Basement: None

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Vinyl Siding

  • Water Supply: Well

  • Special Designation: Unknown

Parking

  • Driveway: Front Yard

  • Garage Type: None

  • Covered Parking Spaces: 18

  • Total Parking Spaces: 18

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 2137 SEC WF; PT E 1/2 LT 21 CON 2 WIDDIFIELD A

  • Taxes: $9,545

Land

  • Cross Street: Hwy 11 N And Hwy 17

  • Municipality District: North Bay

  • Fronting On: West

  • Pool: None

  • Sewer: Septic

  • Lot Depth: 210 Feet

  • Lot Frontage: 210 Feet

  • Acres: .50-1.99

  • Zoning: RC SP.22 WITH SP

Rooms

Room details for 4319 Hwy 11 North, North Bay

Type Dimensions
Living Main 5.80 x 3.35
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Car-Dependent

  • Almost all errands require a car.
0 /100

Somewhat Bikeable

  • Most errands require a car.
27 /100
Map of 4319 Hwy 11 North, North Bay
JK-6

Woodland Public School

Elementary: Public
6.81 km
JK-8

St Hubert Separate School

Elementary: Catholic
7.37 km
JK-6

E T Carmichael Public School

Elementary: Public
6.83 km
JK-6

Vincent Massey Public School

Elementary: Public
6.47 km
JK-6

École élémentaire catholique Saints-Anges

Elementary: Catholic
7.25 km
JK-6

École publique Héritage

Elementary: Public
7.26 km
9-12

École secondaire publique Odyssée

Secondary: Public
7.27 km
9-12

West Ferris Secondary School

Secondary: Public
12.74 km
9-12

École secondaire catholique Algonquin

Secondary: Catholic
8.04 km
9-12

Chippewa Secondary School

Secondary: Public
8.91 km
9-12

Widdifield Secondary School

Secondary: Public
6.33 km
9-12

St Joseph-Scollard Hall Secondary School

Secondary: Catholic
7.62 km

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