• Mobile: 416-949-2626
  • Office: 416-293-8500
  • Fax: 905-913-8585

$249,900
Available - For Sale
Listing ID: X12232857
196 Second Aven East , North Bay, P1B 1L2, Nipissing


Attention Investors & Contractors Downtown Triplex Opportunity, this brick triplex offers a rare chance to rebuild and maximize income potential. Recently impacted by fire, the interior has been professionally cleaned and fully gutted to the studs and ready for reconstruction. Architectural drawings for a modern 3-unit rental conversion (3 bedroom unit 2 bedroom unit, 1 bedroom unit plus possibly a bachelor office unit) are included. Once rebuilt, market rent projections indicate potential annual income exceeding $72,000. Prime downtown location close to amenities, transit, and services. Property is currently vacant and easy to show. Don't miss this exceptional opportunity to add a high-yield investment to your portfolio. Property is sold "AS IS" where IS
Price $249,900
Taxes: $4128.00
Assessment Year: 2024
Occupancy: Vacant
Address: 196 Second Aven East , North Bay, P1B 1L2, Nipissing
Directions/Cross Streets: Wyld
Rooms: 12
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Development
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Bedroom 3 32.8 39.36 4 Pc Bath
Room 2 Second Bedroom 2 32.8 39.36 4 Pc Bath
Room 3 Basement Bedroom 32.8 32.8 4 Pc Bath
Room 4
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Lower
Washroom Type 3 4 Second
Washroom Type 4 4 Basement
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 4 Lower
Washroom Type 8 4 Second
Washroom Type 9 4 Basement
Washroom Type 10 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 3
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Century 21 Blue Sky Region Realty Inc., Brokerage
Personal Picture
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
 
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At a Glance:
Type: Freehold - Triplex
Area: Nipissing
Municipality: North Bay
Neighbourhood: Central
Style: 2-Storey
Lot Size: x 85.66(Feet)
Approximate Age: 51-99
Tax: $4,128
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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