$1,399,000
Available - For Sale
Listing ID: X13857694
447 Main Street East , North Bay, P1B 1B6, Nipissing
| Excellent investment opportunity just east of Downtown North Bay! This mixed-use property features 10 residential units and 2 commercial units, offering existing rental income and additional value-add potential. The residential portion includes one 2-bedroom unit and nine 1-bedroom units, with secure entrances and shared laundry facilities. The exterior and most residential units have been updated. Featuring masonry-block construction, the property has natural-gas hot-water heating with two new boilers installed in late 2025, along with LED lighting upgrades in the commercial units and common areas. Supporting documentation is available upon request. With 12 total units, existing rental income and recent improvements, this property offers an attractive investment opportunity in North Bay. This property is to be sold with mls Listing X13857630. |
| Price | $1,399,000 |
| Taxes: | $17454.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 447 Main Street East , North Bay, P1B 1B6, Nipissing |
| Postal Code: | P1B 1B6 |
| Province/State: | Nipissing |
| Directions/Cross Streets: | Between Regina St and Fisher St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 9660.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
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| EXP REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Nipissing |
| Municipality: | North Bay |
| Neighbourhood: | Central |
| Tax: | $17,454 |
| Fireplace: | N |
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