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483 1st

| North Bay

$425,000.00

Listed about 1 month ago

  • 9 bed
  • 5 bath
  • 2000-2500 sqft
  • 4.0 parking
  • Fourplex

Instant Estimate

$395,032

-$29,968 compared to list price

  • Upper range

    $452,987

  • Mid range

    $395,032

  • Lower range

    $337,077

Property history

  • Now
    Listed on Aug 29, 2024

    Listed for $425,000.00

    41 days on market

Location & area

Schools nearby

Home Details

Description
This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo).
Additional media
-
Property taxes
$3,478.43 per year / $289.87 per month
Basement
Finished
Year build
100+
Type
Fourplex
Bedrooms
9
Bathrooms
5
Parking spots
4.0 Total
Floor
-
Balcony
-
Pool
None
External material
Brick
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Radiant
Fire place(s)
N
  • Bsmt
    Br
    8’12” x 13’12”
    Family
    14’12” x 13’12”
    Kitchen
    11’6” x 12’12”
    Furnace
    7’10” x 10’12”
  • Ground
    Br
    8’0” x 10’12”
    2nd Br
    8’12” x 14’0”
    3rd Br
    10’0” x 7’6”
    Family
    14’12” x 13’12”
    Kitchen
    12’12” x 10’12”
    Bathroom
    10’0” x 10’0”
  • 2nd
    Br
    12’0” x 10’12”
    2nd Br
    12’0” x 10’12”

Listing Brokerage

MLS® Listing
X9284705
Brokerage
CHASE REALTY INC.

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