Discover the exceptional potential of this premium 6-unit multiplex, a rare opportunity offering both high cash flow and low maintenance. Each generously sized unit provides a spacious, comfortable living environment and delivers an excellent return on investment. Ideally located within walking distance to the beach, downtown, and major shopping areas, this property captures the very essence of what makes North Bay so desirable. Enhance your investment with practical amenities such as coin-operated laundry and dedicated parking, including six resident spaces and three additional spots for guests. Beyond its strong financial appeal, this multiplex boasts impressive curb appeal with classic brick architecture and a striking tower feature that adds timeless grandeur. Residents will also enjoy back balconies that offer sweeping water views...an everyday reminder of the property's prime location. The property seamlessly blends functionality with aesthetics, making it not only a smart investment but also a proud piece of North Bay's architectural charm. Seize this incredible opportunity to own a piece of real estate that enriches your portfolio and reflects the vibrant spirit of a thriving community. NO VACANCIES. Photos are from various vacancies over the years. |
Price | $1,349,900 |
Taxes: | $9742.02 |
Assessment Year: | 2025 |
Occupancy: | Tenant |
Address: | 555 Main Stre West , North Bay, P1B 2V3, Nipissing |
Directions/Cross Streets: | Oak St |
Rooms: | 25 |
Bedrooms: | 13 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Partially Fi, Partial Base |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | |
Washroom Type 2 | 2 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Multiplex |
Style: | 3-Storey |
Exterior: | Brick Veneer, Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Front Yard |
Drive Parking Spaces: | 9 |
Park #1 | |
Parking Type: | Front Yard |
Park #2 | |
Parking Type: | Front Yard |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 5000 + |
Property Features: | Beach, Lake/Pond |
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: | N |
Heat Type: | Water |
Central Air Conditioning: | Other |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Utilities-Cable: | Y |
Utilities-Hydro: | Y |
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 |
|
Book Showing | Email a Friend |
Type: | Freehold - Multiplex |
Area: | Nipissing |
Municipality: | North Bay |
Neighbourhood: | Central |
Style: | 3-Storey |
Lot Size: | x 86.90(Feet) |
Approximate Age: | 100+ |
Tax: | $9,742.02 |
Maintenance Fee: | $0 |
Beds: | 13 |
Baths: | 7 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |