337 WYLD STREET, North Bay (Central), Ontario, P1B1Z3
Discover this thriving investment opportunity strategically located within walking distance to amenities, public transportation and beautiful Lake Nipissing. This well cared for, low maintenance building combines a long-term commercial tenant (Raven Hair Salon) and a small retail shop on the main floor with two updated two-bedroom apartments on the upper floor. The roof (shingles and membrane) was replaced in October 2022. There is a shared laundry on upper floor. The main floor is heated by gas forced air furnace while the upper apartments are heated by hydro (4 meters in back basement). Financially, this property supports a good cap rate generating a gross annual income of $76,620, providing consistent rental income from the secure, commercial leases ensuring steady cash flow from the residential leases. Don't miss out on this chance to secure a lucrative addition to your investment portfolio. (id:2471)
Royal Lepage Northern Life Realty
- 705-358-9010
- 705-472-2980
- debf22@gmail.com
- Property Address: 337 WYLD STREET, North Bay (Central), Ontario, P1B1Z3
- Community Name: Central
- Property Type: Retail
- Zoning Description: C2
- Lot Size: 58.08 x 34.75 FT
- Acreage: 58.08 x 34.75 FT
- Water Type: Municipal water
- Structure Style: Residential Commercial Mix
- Floor Space: 3000 sqft
- Bathrooms: 4-Total
- Heating Type: Natural gas, Forced air
- Cooling: Fully air conditioned
- Appliances Included: Dryer, Furniture, Two stoves, Washer, Two Refrigerators
Listing Offices: Royal LePage Northern Life Realty, Brokerage
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Discover this thriving investment opportunity strategically located within walking distance...
- 4 Beds
- 6 Baths
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