483 1st Avenue East, North Bay
- Bedrooms: 9
- Bathrooms: 5
- Living area: 2608 square feet
- Type: Commercial
- Added: 10 days ago
- Updated: 5 days ago
- Last Checked: 11 hours ago
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.\r\n\r\nIn 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). (id:1945)
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