- Ontario
- North Bay
2400 Trout Lake Rd
CAD$648,900 Sale
2400 Trout Lake RdNorth Bay, Ontario, P1B7S6
534| 1660.5 sqft
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ID40469252
StatusCurrent Listing
Ownership TypeFreehold
TypeResidential House,Triplex
RoomsBed:5,Bath:3
Square Footage1660.5 sqft
Land Sizeunder 1/2 acre
Age
Listing Courtesy ofREALTY EXECUTIVES Local Group Inc. Brokerage
Detail
Building
Bathroom Total3
Bedrooms Total5
Basement DevelopmentFinished
Cooling TypeNone
Exterior FinishBrick
Fireplace PresentFalse
Foundation TypeBlock
Heating TypeRadiant heat
Size Interior1660.5000
Stories Total2
Utility WaterMunicipal water
Basement
Basement TypeFull (Finished)
Land
Size Total Textunder 1/2 acre
Access TypeRoad access
Acreagefalse
AmenitiesPark,Place of Worship,Playground,Public Transit,Schools,Shopping
SewerMunicipal sewage system
Surrounding
Community FeaturesCommunity Centre,School Bus
Ammenities Near ByPark,Place of Worship,Playground,Public Transit,Schools,Shopping
Other
StructurePorch
BasementFinished,Full (Finished)
FireplaceFalse
HeatingRadiant heat
Remarks
Discover a Triplex ideally situated in the central area in the Trout Lake area of North Bay. VTB 20% 2nd available at 7.5% interest only payments upto 3 year term. Impressive Gross Income: $67800 with a 7.6% CAP rate. 8 Expense categories including Property management, vacancy and maintenance equals $18,750.60 and a net income of $49049.40. Enjoy the turn key benefits of modernized living spaces. Currently housing 2 vacant units (2- 2Bed units) and 1 leased unit (1-bed loft). plus the rented garage on a 1 year lease Solid brick construction ensures lasting quality. Convenience is key, with amenities within walking distance. Abundant parking space for tenants and guests. Beautifully landscaped outdoor areas enhance tenant experience. This opportunity is not to be overlooked. Potential to live in one unit and have most of your expenses covered. Get in touch now to seize this potential! (id:22211)
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Location
Province:
Ontario
City:
North Bay
Community:
Widdifield