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451 First Avenue W, North Bay, ON P1B 3C5

North Bay, ON, P1B 3C5 · Central

5 Beds
Sq Ft
4 Parking
Investment Type
X13138442 MLS#

About this property

This four Plex multifamily house is an excellent source of investment revenue. All four rentals are filled with solid tenants. There are two 1 bedroom units and two 2 bedroom units. There is parking for four Vehicles. A two car garage is detached in the backyard A 5th unit is utilized by the landlord in the entire basement with separate entrances both at the side and back of the house There is pay per use laundry in the common area lobby. Security and life safety are addressed with key control and camera surveillance in the common area areas and perimeter of the house Smart technology is utilized to manage remotely through automatic door lock, Wi-Fi smoke detector, cameras and light switches. All units are individually needed for Hydro. Closing on this house is flexible. Showings can be arranged once an agreement in principal has been reached in an effort to minimize tenant inconvenience. *For Additional Property Details Click The Brochure Icon Below*

Features & Amenities

  • Garage: Covered
  • Cooling: No
  • Heat Type: Baseboard
  • Heat Source: Electric

Property Details

Property Type Commercial
Property Sub-Type Investment
Bedrooms 5
Garage Covered
Parking Spaces 4
Heat Type Baseboard
Heat Source Electric
Cooling No
Annual Tax $4,591
Tax Year 2025

Building & Construction

Building Area Total
2362

Heating & Cooling

Heat Type
Baseboard
Heat Source
Electric
Cooling
No

Parking & Garage

Garage Type
Covered
Parking Spaces
4

Lot & Land

Lot Size Units
Feet
Lot Depth
154.44
Lot Width
66.00

Financial & Tax

Tax Annual Amount
$4,591
Tax Year
2025
Possession Type
Flexible
Possession Details
September/ flexible

Utilities & Services

Utilities
Yes

Room Details

Kitchens Total
0

Additional Details

Occupant Type
Tenant
County Or Parish
Nipissing
Cross Street
Front Street
Directions
Front Street
Showing Requirements
See Brokerage Remarks

Location

451 First Avenue W, North Bay, ON P1B 3C5, North Bay, ON, P1B 3C5

Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC.
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