Name: 245 MATTAWA STREET, North Bay (West End) | MLS® X12411443
SKU: x12411443
Price: 1500000.0 CAD
Availability: InStock

$1,500,000 Sale

Listed 17 hours ago

245 MATTAWA STREET

MLS® x12411443 Multi-Family

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Beds · 0

Baths · 0.0

Parking · 14

Sqft · 8950

Est. mortgage

$5,691/mo

Key Facts

Key facts for 245 MATTAWA STREET

Property Type

Apartment, Multi-Family

Parking

Garage: No, 14 parking

MLS #

X12411443

Size

8950 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades to each residential unit plus a fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apar...tments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 3 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building, Gross Income $174,015 with Net income $114,984 and a Cap Rate of 7.67 including vacancy, utilities, taxes, maintenance and a 7% property management line. A detailed income and expense statement is available, additional supporting documentation provided upon request. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

8950 sqft

Heating Source

Natural gas

Heating Type

Hot water radiator heat

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

8950 sqft

Heating Source

Natural gas

Heating Type

Hot water radiator heat

Full Bathrooms

Half Bathrooms

Exterior

Acreage

164.7 x 37.03 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Highway, Public Transit

Acreage

164.7 x 37.03 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Highway, Public Transit

Building Description

Style

Multi-Family

Home Type

Apartment

Subtype

Multi-Family

Water Supply

Municipal water

Style

Multi-Family

Home Type

Apartment

Subtype

Multi-Family

Water Supply

Municipal water

Community

West End

Area Code

North Bay (West End)

Community

West End

Area Code

North Bay (West End)

Marcel Gladu

Email: [email protected] Cell: 705-562-0789