ON > North Bay > Central
North Bay, ON P1B 1B8,586 Main ST E
North Bay, ON P1B 1B8,586 Main ST E
North Bay, ON P1B 1B8,586 Main ST E
North Bay, ON P1B 1B8,586 Main ST E
North Bay, ON P1B 1B8,586 Main ST E
North Bay, ON P1B 1B8,586 Main ST E
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 499,900
Est. payment | /mo

6 Beds

4 Baths

Save
$ 499,900
Est. payment | /mo
Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Central

MLS Listing ID X12274089

Style 2 1/2 Storey

Bedrooms 6

Annual Tax Amount $3,539

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Excellent Investment Opportunity in Downtown North Bay! This income property features three self-contained 1-bedroom units plus a spacious 3-bedroom rooming house, offering strong and consistent rental income. With a cap rate of over 9%, this property is a rare find for savvy investors. Recent renovations completed within the past 3-6 years include updates to the flooring, kitchens, bathrooms, and major mechanicals. Tenants enjoy the added convenience of on-site coin laundry. Located in the heart of downtown, it's just steps from shopping, restaurants, public transit, and the beautiful North Bay waterfront. Tenants enjoy convenience, and investors enjoy cash flow this is a win-win! Don't miss out on this high-performing asset in a prime location.

Location

Province ON

County Nipissing

Community Central

Area Nipissing

Zoning C2

Rooms

Family Room No

Basement Apartment

Kitchen 4

Separate Den/Office 1

Interior

Interior Features Storage, Water Heater Owned

Cooling None

Inclusions Refrigerators, stoves

Exterior

Pool None

Roof Type Shingles

Lot Frontage 29.94

Lot Depth 99.8

Total Parking Spaces 2

Building

Building Age 51-99

Foundation Stone

Others

Senior Community No

ParcelsYN No

Listed by Coldwell Banker-Peter Minogue R.E., Brokerage
Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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586 Main ST E