For Sale: 645 Main Street E, North Bay, ON - REW
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$589,900
9 bd • 4 ba • 2500 - 2999 sf • Multifamily
645 Main Street E
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$589,900
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645 Main Street ENorth Bay, ON, P1B 1C1

  • 9 Bed
  • 4 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

Attention investors! A rare find in deed yielding around 10% cap rate and zoned both residential and commercial. Lots of possibilities situated on a great lot accommodating roughly 10 vehicles. This legal, low maintenance triplex currently has 2 units empty! Pick your own tenants, Historically each unit has been rented for $2,300.00 plus Hydro! Unit 641 has been fully renovated from top to bottom! Third unit 645 currently occupied by a long term tenant in great standing, paying $1,621.00 per month plus Hydro. The entire property is heated by 1 boiler system, easy to service and well maintained . Very low maintenance exterior with minimal grass. Lots of updates done recently including reno's, paint, roof, electrical panel, appliances and much more. Each unit has their own laundry and basement area for storage. This is the one to add to your portfolio. You can live in one unit and possibly live for free with the income!!! Don't miss out (id:63626)
Listed by: JARROD PANDOLFO, Sales Representative, Royal LePage Northern Life Realty, Brokerage

Home facts and features

Price details
List Price
$589,900
Get Pre-Approved
Gross Taxes for 2025
$4,399
Home facts
Bedrooms
9
Full Bathrooms
3
Partial Bathrooms
1
Parking Spaces
6
Parking Details
No Garage
Property Type
Multifamily
Lot Size
66 ft x 126 ft (8393 ft²)
Depth
126.6 feet
Frontage
66.3 feet
Exterior Finish
Brick
Heating Type
Natural gas
Basement Details
Unfinished, Full
Features
Alarm system, Level, Separate Electricity Meters
Appliances
Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
JARROD PANDOLFO
Primary Broker
Royal LePage Northern Life Realty, Brokerage
Listing details
Days on REW
3 Days
MLS® Number
X13799134
Source
Canadian Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

É Sép Saint-Vincent
  • Catholic
  • JK - 6
ÉS Cochrane
  • Public
  • 9 - 12
Silver Birches Elementary School
  • Public
  • JK - 6
Mother St Bride School
  • Catholic
  • JK - 8
St Francis School
  • Catholic
  • JK - 6
Algonquin School
  • Catholic
  • 7 - 12
É Saint-Raymond
  • Catholic
  • JK - 6
St Joseph-Scollard Hall School
  • Catholic
  • 9 - 12
Chippewa School
  • Public
  • 7 - 12
Alliance French Immersion Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Sales Representative
JARROD PANDOLFO
Phone:
(705) 303-4424
Office:
705-472-2980
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