1497 Ferguson Street, North Bay (Central), Ontario, P1B1Y8

Triplex for sale in North Bay (Central), Ontario. Listed at $349,900.

7 bedrooms · 3 bathrooms

MLS® 30146090

Description

1497 Ferguson Street offers a three-unit investment property on a corner lot with ample parking and three separate hydro meters. The property consists of two 2-bedroom units and one 1-bedroom unit. One of the 2-bedroom units features a large living room currently being used as a third bedroom. Unit 1 is currently vacant and is estimated to rent for approximately $1,400 per month, Unit 2 is rented for $1,465 per month, and Unit 3 is rented for $1,077 per month. The property requires updating and offers an opportunity for a buyer to complete improvements and increase the overall rental potential. With a vacant unit, separate hydro meters and existing rental income, this property is a solid option for an investor looking to add value to a multi-unit property. (id:27495)

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