745 Morin Street, North Bay, Ontario P1B 5S1

Listed for:
$1,110,000
8 beds
3 baths
Listed 2 days ago
Triplex for rent: 745 Morin Street, North Bay, Ontario P1B 5S1

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About

Cross Streets: High St. ** Directions: 745 Morin St between High St and Rose Ave. Pride of ownership is evident throughout this meticulously maintained purpose-built triplex, offering investors a true turnkey opportunity with strong, reliable returns. Extensively updated over the years, this high-performing income property features two spacious 3-bedroom units and one 2-bedroom unit, along with shared coin-operated laundry that provides additional income. The building is fully occupied and has been operated as a non-smoking, pet-free property. With an excellent unit mix, on-site parking, private balconies, tenant storage, separate hydro meters, and minimal maintenance requirements, this property is well-positioned for continued long-term success. Currently generating approximately $86,400 in gross annual income and an estimated net operating income of $58,149 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. (id:27476)

Property Highlights

MLS® Number
X13501156
Type
Multi-family
Community Name
Central
Land Size
50 x 125 FT
Parking Space Total
4

Building

Building Type
Triplex
Storeys
2.00
Square Footage
2500 - 3000 sqft
Bathrooms Total
3
Bedrooms Above Ground
6
Bedrooms Total
8
Amenities
Separate Electricity Meters
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
Royal LePage Northern Life Realty, Brokerage
MLS® number:
X13501156
Agent:
Lenka Eberhardt
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