This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
538 Fraser Street North Bay (Central), Ontario P1B 3X2
3920.67 sqft
Hot Water Radiator Heat
$529,900
This well-maintained triplex offers a fantastic investment opportunity or a chance to live in one unit while generating income from the others. Centrally located with easy access to shopping, bus routes, and other amenities, this property is a must-see! Apt. 1 is a 2 bedroom, 2 bath currently renting for 1839/month. Tenants will be leaving at the end of month, ideal for new tenants or as a personal residence. Apt. 2 is a 1 bedroom plus den renting at 1429 per month and Apt. 3 is a 1 bedroom renting at 922 per month. All rents are inclusive. The tenants are amazing and the remaining tenants want to stay. The building has been well cared for and all units are spacious and updated. There is also tenant parking and laundry in each unit. CCTV cameras are in operation to help ensure the safety and security of all individuals and the premises. Gross income is $50,280 annually with expenses for previous year at $17,837.00. Please note that this property is zoned C2, allowing for the potential to incorporate a commercial aspect into the building. This zoning provides flexibility for various business or commercial uses, in addition to its residential capabilities. Whether you're a seasoned investor or a first-time buyer, this triplex offers an excellent chance to secure steady rental income in a prime location. (id:49203)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X11931923 |
| Property Type | Multi-family |
| Community Name | Central |
| Amenities Near By | Public Transit |
| Features | Irregular Lot Size |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 3920.67 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 91 Ft ,6 In |
| Size Frontage | 42 Ft |
| Size Irregular | 42 X 91.53 Ft |
| Size Total Text | 42 X 91.53 Ft |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/27821468/538-fraser-street-north-bay-central-central
Interested?
Contact us for more information
Anita Kapitanchuk
Salesperson
Royal LePage Northern Life Realty, Brokerage
117 Chippewa Street West
North Bay, Ontario P1B 6G3
117 Chippewa Street West
North Bay, Ontario P1B 6G3
(705) 472-2980
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 21 2025 08:57:47
North Bay Real Estate Board
Royal LePage Northern Life Realty, Brokerage