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      • ON
      North Bay
      P1B3W2
      850 CLARENCE Street
      850 CLARENCE Street, North Bay, ON P1B3W2
      Listing Type
      multi family
      Listing Status
      active
      16
      $1,650,000

      Home Details for 850 CLARENCE Street

      Price
      $1,650,000
      Type
      Multi-family
      Bedrooms
      16
      Bathrooms
      12.0
      Square feet
      9600
      Year built
      1957
      Lot size acres
      under 1/2 acre
      Parking
      Basement
      Full (Finished)
      Days on site
      32
      Listing #
      40663794_27604690
      Listing courtesy: REALTY EXECUTIVES Local Group Inc. Brokerage
      Property Description

      Prime Investment Opportunity! With robust rental income and a solid 8% CAP rate, this property is a strong investment option. This exceptional 12-unit income property is situated in a highly sought-after area, conveniently located on a public transportation route and just minutes from both the college and university. The building features a diverse mix of units, including 1 bachelor unit, 6 one-bedroom units, and 5 two-bedroom units, all complemented by ample on-site parking. The surrounding neighborhood offers a full range of amenities, from schools and parks, to restaurants and shopping centers, ensuring a high demand for rentals. The bachelor unit is currently undergoing renovations and will soon be completed, further enhancing the property’s appeal. A comprehensive Buyer's Package is available for qualified buyers upon request. (id:1184)

      Property Features
      • House Interior
        • Paved driveway
        • Shared Driveway
        • Laundry- Coin operated
      • Cooling Information
        • None
      • Basement
        • Full (Finished)
      • Fire Place
        • False
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      Median Listing Price
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      Market statistics compiled from data from Canadian Real Estate Association.
      EXIT OTTAWA VALLEY REALTY, BROKERAGE
      1219 Pembroke Street East, Pembroke, ON K8A 7R8
      Office
      613-629-3948
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