997 Hammond Street North Bay, Ontario P1B 2H6

6 Bedroom 3 Bathroom 2,000 - 2,500 ft2
None Forced Air

$369,900

INVESTOR ALERT - Exceptional 10.22% CAP Rate on a Prime Corner Lot! This massive 2,139 sq. ft. triplex offers a significant cash-flow opportunity in central North Bay. The property is uniquely configured with a rear 2-bedroom, 1-bathroom bungalow-style unit occupied by a stable, 7-year tenant, providing immediate guaranteed income. The front of the building consists of two spacious 2-storey units, each featuring 2 bedrooms and 1 bathroom. These front units are delivered vacant, offering a prime opportunity for an investor to refresh the spaces to their own standards and set current market rents to maximize ROI. Situated on a prominent corner lot at the end of a quiet street, the property features impressive vaulted ceilings that create a high-end feel. This powerhouse addition to any portfolio includes a detached garage and ample parking for 5 vehicles. Some Photos Virtually Staged. (id:15069)

Property Details

MLS® Number X12839348
Property Type Multi-family
Community Name Central
Amenities Near By Park, Public Transit
Features Cul-de-sac, Flat Site
Parking Space Total 5

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Total 6
Age 100+ Years
Appliances Stove, Refrigerator
Basement Type Crawl Space
Ceiling Type Suspended Ceiling
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Park, Public Transit
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 40 Ft
Size Irregular 40 X 100 Ft
Size Total Text 40 X 100 Ft
Zoning Description Residential 3rd Density - Triplex

Rooms

Level Type Dimensions
Main Level Laundry Room 2.68 m x 2.4 m
Main Level Living Room 2.78 m x 3.62 m
Main Level Kitchen 3.05 m x 3.2 m
Main Level Kitchen 3.76 m x 3.45 m
Main Level Bedroom 2.54 m x 3.2 m
Main Level Bedroom 2 2.38 m x 2.3 m
Main Level Bathroom 1.74 m x 1.48 m
Main Level Living Room 3.48 m x 3.63 m
Main Level Living Room 4.48 m x 3.46 m
Main Level Kitchen 3.56 m x 2.78 m
Upper Level Bathroom 0.8 m x 2.41 m
Upper Level Bedroom 2.39 m x 2.15 m
Upper Level Bedroom 2.09 m x 3.69 m
Upper Level Bathroom 0.62 m x 2.4 m
Upper Level Bedroom 4.46 m x 3.43 m
Upper Level Bedroom 3.2 m x 2.41 m

https://www.realtor.ca/real-estate/29420625/997-hammond-street-north-bay-central-central

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