I just finished uploading this Duplex for sale, 255 DELAWARE Avenue, North Bay, Ontario
Solid brick raised bungalow with fenced in back yard in the north end of the city in a family friendly neighborhood, sits this 3+2 bedrooms 2 baths home. Currently the home is used a Legal Duplex & tenanted as two separate units with an annual income of $33,000, expenses at 13,129( actual 2021 with property management fees & maintenance) leaving a net income of $19,870.01. The home is being offered at $349,900, Cap rate 5.68%. Great location, near shopping, trails, schools & parks, it is a great starter home with a mortgage helper or great addition to your portfolio. Seller will hold a second mortgage VTB (Vendor Take Back), terms to be determined with acceptable offer. (id:2469)