483 1st Avenue East, North Bay | Image 1

483 1st Avenue East

North Bay

  • 9 bed 5 bath 2000 sqft
$425,000 est.*: $1,440/mo
For Sale

Added 2 months ago

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  • Type: Fourplex

  • Style: 2 1/2 Storey

  • Size: 2000 sqft

  • Lot Size: 34.68 x 127.7 Feet

  • Age: 100+ years

  • Taxes: $3,478 per year

  • Days on Site: 1 Days

  • Added: Aug 29, 2024 (2 months ago)

  • Updated:

  • Last Checked: 22 hours ago

  • MLS®#: X9284705

  • Listed By: Chase realty inc.

This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo).

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Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2 1/2 Storey

  • Size (sq ft): 2000

  • Age: 100+

  • Area: North Bay

  • Availability Date: Immediate

  • Assessment Amount: $209,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 9

  • Bathrooms: 5

  • Kitchens: 4

  • Rooms: 18

  • Den/Family Room: Yes

  • Air Conditioning: Wall Unit

  • Fireplace: No

  • Washrooms: 5

Utilities

  • Electricity: Yes

  • Gas: Available

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Finished

  • Heat Type: Radiant

  • Heat Source: Gas

  • Exterior: Brick

  • Elevator: N

  • Energy Certificate: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Front Yard

  • Garage Type: None

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 392-393 PL 21 WIDDIFIELD AS IN NB149145; NORTH BAY ; DISTR

  • Taxes: $3,478

Land

  • Cross Street: Regina St

  • Municipality District: North Bay

  • Fronting On: West

  • Parcel Number: 491540032

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 127.7 Feet

  • Lot Frontage: 34.68 Feet

  • Acres: < .50

  • Zoning: Multiplex

Rooms

Room details for 483 1st Avenue East, North Bay

Type Dimensions
Br Bsmt 4.26 x 2.74
Family Bsmt 4.26 x 4.57
Kitchen Bsmt 3.96 x 3.50
Furnace Bsmt 3.35 x 2.40
Br Ground 3.35 x 2.44
2nd Br Ground 4.27 x 2.74
3rd Br Ground 2.29 x 3.05
Family Ground 4.26 x 4.57
Kitchen Ground 3.35 x 3.96
Bathroom Ground 3.05 x 3.05
Br 2nd 3.35 x 3.66
2nd Br 2nd 3.35 x 3.66
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Very Walkable

  • Most errands can be accomplished on foot.
82 /100

Biker's Paradise

  • Daily errands do not require a car.
92 /100
Map of 483 1st Avenue East, North Bay
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Mother St Bride School

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École séparée Saint-Vincent

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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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Widdifield Secondary School

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St Joseph-Scollard Hall Secondary School

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