245 Mattawa ST Active

North Bay,ON P1B 4M2

$ 1650000

12 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision West End

MLS Listing ID X11928875

Style 2-Storey

Bedrooms 12

Annual Tax Amount $15,533

Tax Year 2024

Property 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 such as ESA report 2019, fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments 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 2 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.

Location

Province ON

County Nipissing

Community West End

Area Nipissing

Zoning M2

Rooms

Family Room Yes

Basement None

Kitchen 5

Separate Den/Office 3

Interior

Interior Features Accessory Apartment,Carpet Free

Cooling None

Inclusions Carbon Monoxide Detector, Hot Water Tank Owned, Smoke Detector, 5 fridges, 5 stoves, 4 built in all in one laundry machines

Exterior

Exterior Feature Year Round Living

Parking Features Private

Garage Spaces 14.0

Pool None

Roof Type Flat,Membrane

Lot Frontage 164.7

Lot Depth 37.03

Total Parking Spaces 14

Building

Foundation Concrete Block,Slab

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

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