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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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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