I just finished uploading this Multi-family for sale, 602 O'BRIEN Street, North Bay, Ontario
A remarkable investment opportunity, this 5-plex property is comprising of four well-designed 1-bedroom units and a spacious 2-bedroom unit. The financial performance of this property is commendable, with a gross annual income of $57,735. The Net income of $37,064 annually, ensuring a favorable cash flow and a promising return on investment. Three units are under market rents and the property has the potential to generate additional income by changing the hydro (electricity) from an inclusive package, turning it into a plus hydro opportunity for these units. This 5-plex property represents a compelling investment opportunity characterized by its central location, well-maintained condition, on-site laundry facilities, abundant parking spaces, and potential additional income from the garage. With a solid financial foundation and exceptional value, this property demands serious consideration. Secure your future and capitalize on this income-generating gem by scheduling a viewing today. (id:2469)