CA$649,900
For Sale
4
5
n/a
Store W Apt/Office
Details
Overview
Description
Discover this thriving investment opportunity strategically located within walking distance to amenities, public transportation and beautiful Lake Nipissing. This well cared for, low maintenance building combines a long-term commercial tenant (Raven Hair Salon) and a small retail shop on the main floor with two updated two-bedroom apartments on the upper floor. The roof (shingles and membrane) was replaced in October 2022. There is a shared laundry on upper floor. The main floor is heated by gas forced air furnace while the upper apartments are heated by hydro (4 meters in back basement). Financially, this property supports a good cap rate generating a gross annual income of $76,620, providing consistent rental income from the secure, commercial leases ensuring steady cash flow from the residential leases. Don't miss out on this chance to secure a lucrative addition to your investment portfolio.
This store w apt/office home located at 337 Wyld St, North Bay, ON P1B 1Z3 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$650K. It has 4 beds, 5 bathrooms, and is N/A square feet. The property is N/A years old. 337 Wyld St, North Bay, ON P1B 1Z3 is in North Bay neighborhood Central.