Property Address: 196 Second Ave E, North Bay, ON, P1B1L2
Average square foot calculated using Size range provided by listing agent.
Description
Attention Investors & Contractors Downtown Triplex Opportunity, this brick triplex offers a rare chance to rebuild and maximize income potential. Recently impacted by fire, the interior has been professionally cleaned and fully gutted to the studs and ready for reconstruction. Architectural drawings for a modern 3-unit rental conversion (3 bedroom unit 2 bedroom unit, 1 bedroom unit plus possibly a bachelor office unit) are included. Once rebuilt, market rent projections indicate potential annual income exceeding $72, 000. Prime downtown location close to amenities, transit, and services. Property is currently vacant and easy to show. Don't miss this exceptional opportunity to add a high-yield investment to your portfolio. Property is sold "AS IS" where ISShow Description