I just finished uploading this Triplex for sale, 681 GALT Street, North Bay, Ontario
A purpose built Triplex, boasting 3 individual units currently under rented giving the purchaser lots of lift as tenants vacate! Each unit comprising 2 spacious bedrooms, this triplex enjoys proximity to essential amenities, commercial hubs, and efficient transportation networks. Such prime positioning ensures consistent tenant demand, enhancing occupancy rates and rental income potential. Delve into the financials, and you'll find this triplex boasts a robust gross income of $40,803, expenses equaling $17,995 including management vacancy and maintenance with a Net Income of $22,808 delivering a steady cash flow from the outset. Priced attractively at $349,000, this investment showcases accessible entry into the burgeoning North Bay real estate landscape, with substantial room for financial growth. Monthly rents are plus heat and hydro. Rear staircase recently completely rebuilt with permits. (id:2469)