12 unit Income generating complex with an 8% cap rate located 2 blocks from the YMCA. 3 Levels of apartments with 8 x 1 bedroom units, and 2 x 2 bedroom units and 2 bachelor units. Multiple entrances, 6 parking spots, all rents plus hydro except the 2 bachelors all inclusive and the 2.5 car garage @$250/m in addition to the rents all inclusive. All month to month tenancies, with a greater potential as most units are under market rent! Gas hot water heat with annual servicing, building shingles 2011 and 2014 on the Garage, all fridges and stoves included, City of North Bay provides Garbage bin and removal. Supporting documents on file including income and expenses, rent roll, Fire retrofit, fire safety plan and more.
REALTY EXECUTIVES Local Group Inc., Brokerage
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