ON
North Bay (Central)
P1B5S1
745 Morin Street
745 Morin Street, North Bay (Central), ON P1B5S1
Share Listing
Listing Type
Multi Family
Listing Status
Active
31
$1,110,000

Home Details for 745 Morin Street

Price
$1,110,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
3
Listing #
X13501156
Property Description

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 $62,600 it , represents a solid addition to any investment portfolio. Detailed income and expense information are available to qualified buyers upon request. (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
  • Cooling Information
    • None
Listing Courtesy: Royal LePage Northern Life Realty, Brokerage
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