I just finished uploading this Multi-Family for sale, 1229 REGINA STREET, North Bay, Ontario
Legal Non Conforming Triplex showing good returns. Fire retrofit completed in 2018, lots of parking and many upgrades over the years. Property consists of 1x2 bedroom unit, and 2x1 bedroom units, 2 units rent plus hydro. Greater income potential when rear and main unit tenants vacate as rents can be increased pushing the evaluation close to a 10% cap rate. Current rents: Main unit with laundry and basement $785/m plus hydro, upper unit $800/m all inclusive, rear unit $800/m with laundry plus hydro. Expenses total $6898/yr, Gross Income $28,620, Current Net income $ 21,722. (id:2469)