523 First Avenue, North Bay | Image 1

523 First Avenue

North Bay

  • 9 bed 9 bath
$979,000 est.*: $3,316/mo
For Sale

Added 1 week ago

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  • Type: Multiplex

  • Style: 3-Storey

  • Lot Size: 44 x 128 Feet

  • Age: No Data

  • Taxes: $13,632 per year

  • Days on Site: 7 Days

  • Added: Dec 02, 2024 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X11822405

  • Listed By: Royal dynasty real estate ltd.

Attention investors!!! This bright and clean 9 bachelor unit property has a gross income of $105,984 with the potential increase to $128,000 without any renovations. The convenient location to downtown, and transportation access to the hospital and University, make this a desirable spot for students or single-working professionals. With a 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2023 expenses: gas $4,434.19 - hydro $3063.24 - water/waste $1,953 - insurance $6,719. The property is well-maintained and has had many updates over the past 6 years. Responsible tenants. All paid rent on time, online.

Extras

9 fridges, 9 stoves, coin operated washer and dryer.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Area: North Bay

  • Availability Date: flexible

Inside

  • Bedrooms: 9

  • Bathrooms: 9

  • Kitchens: 9

  • Rooms: 9

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 9

Building

  • Basement: Finished

  • Basement 2: Sep Entrance

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Wood

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 390 PL 21 WIDDIFIELD AS IN NB 156802 NORTH BAY, DISTRICT O

  • Taxes: $13,632

Land

  • Cross Street: Fisher st/First Ave

  • Municipality District: North Bay

  • Fronting On: West

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 128 Feet

  • Lot Frontage: 44 Feet

  • Zoning: RM1

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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
JK-8

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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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1.75 km
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Alliance French Immersion Public School

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1.83 km
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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

Secondary: Public
0.79 km
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Widdifield Secondary School

Secondary: Public
3.21 km
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St Joseph-Scollard Hall Secondary School

Secondary: Catholic
1.81 km
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