1150 Ferguson Street North Bay, Ontario P1B 1Y6

3,500 sqft
None Hot Water Radiator Heat

$839,000

This well-maintained and managed six-plex offers a prime investment opportunity in a central location. Featuring a balanced unit mix of three spacious two-bedroom units and three comfortable one-bedroom units, this property appeals to a wide range of tenants and ensures strong rental demand. Situated close to amenities, public transit, shopping, schools, and downtown services, tenants enjoy easy access to everything they need, making this a consistently attractive rental property. This property presents a solid income-generating opportunity, great CAP Rate, with stable tenancy potential in a central area. Whether you're expanding your portfolio or entering the multi-family market, this six-plex is a smart, turnkey investment. (id:47351)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12924334
Property Type Multi-family
Community Name Central
Equipment Type Water Heater
Features Irregular Lot Size
Rental Equipment Type Water Heater

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Interior 3,500 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 87 Ft
Size Frontage 72 Ft
Size Irregular 72 X 87 Ft
Size Total Text 72 X 87 Ft
Zoning Description Rm2 Sp85

https://www.realtor.ca/real-estate/29519761/1150-ferguson-street-north-bay-central-central