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North Bay, ON P1B 4E2,2060-2084 Cassells ST
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North Bay, ON P1B 4E2,2060-2084 Cassells ST
North Bay, ON P1B 4E2,2060-2084 Cassells ST
North Bay, ON P1B 4E2,2060-2084 Cassells ST
North Bay, ON P1B 4E2,2060-2084 Cassells ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 965,000
Est. payment /mo
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Pending

2060-2084 Cassells ST North Bay, ON P1B 4E2

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Subdivision Central

MLS Listing ID X12001469

Annual Tax Amount $11,376

Tax Year 2025

Property Sub-Type Investment

Lot Depth 16.01

Lot Front 155.91

Property Description

Attention investors! Legal 7 unit apartment building consisting of 3-2 bedroom 3-1 bedroom and 1 bachelor apartment, all rented out with market rents and tenants pay their own heat and hydro. This well maintained property currently generates $109,080 in gross income translating to $83,863 in net operating income. Offered for sale at an impressive 8.6% rate of return. There is a mandatory Assumable Mortgage at 5.1% with a 45 year Amortization with approx $840,000 balance which helps give you lower monthly payments and increased monthly cash flow. This property is centrally located, has had many upgrades and improvements and is ready for new management. This is a property any savvy investor would love to own.

Location

Province ON

County Nipissing

Community Central

Area Nipissing

Zoning C4

Interior

Cooling No

Inclusions 7 FRIDGES, 7 STOVES

Exterior

Utilities Available Yes

Lot Frontage 155.91

Lot Depth 16.01

Others

Security Features No

Listed by Royal LePage Northern Life Realty, Brokerage
agent

Jethro Seymour

Broker

+1(416) 712-0767

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2060-2084 Cassells ST

TORONTO NEIGHBOURHOODS
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