959 Memorial Dr
Memorial Dr, West Ferris, North Bay, ON, P1A 1Y1
Quick Summary
Quick Summary
- Vacant legal duplex with 8% CAP rate
- Recently renovated bungalow with new systems
- Close to Lake Nipissing waterfront, parks, and amenities
- Front unit has 3 bedrooms, 1.5 baths, open concept
- Back unit is a large 1 bedroom with open concept
- Attached garage provides extra income potential
- Laundry hookups in each unit
- Parking available at front or back of property
Investors check out the 8% CAP rate on this vacant Legal Duplex! Pick your own tenants & set the rents in our low vacancy rate City. 959 Memorial Drive has been recently renovated and is located a block away from North Bay’s famous Lake Nipissing waterfront, parks, beaches, events, shopping, bike path and more. This vacant solid bungalow... Show More
Investors check out the 8% CAP rate on this vacant Legal Duplex! Pick your own tenants & set the rents in our low vacancy rate City. 959 Memorial Drive has been recently renovated and is located a block away from North Bay’s famous Lake Nipissing waterfront, parks, beaches, events, shopping, bike path and more. This vacant solid bungalow has been renovated from top to bottom – gas boiler hot water heating system, 2 HRV systems, shingles, electrical, plumbing, insulation, sliding, eaves etc... The front unit is a 3bd with 1 full bath & 1 half bath and an open concept kitchen/living area, huge master bedroom with walk out to deck and a big backyard. The back unit is a large one bedroom with full bath/laundry and open concept kitchen/living area with a separate deck overlooking the large back yard. There’s extra income potential to rent the attached garage or have each tenant use it for storage. Laundry hook-ups available in each unit. Parking can be set up at the front or you can drive around to the back yard. All amenities – shopping, bank, grocery store, LCBO, movie theatre, restaurants, bike path, public bus route are within walking distance. Also, a great opportunity to live in one unit and rent the other as a mortgage helper or start your rental portfolio today! Expenses: Gas $1571, water $1346, taxes $3579, insurance $2208 (tenants pay hydro) (id:54626)
Property Details
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Ownership Details
Ownership
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For Sale Nearby
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- 1,100 - 1,500 Sq. Ft.
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- 2,500 - 3,000 Sq. Ft.
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- 1,100 - 1,500 Sq. Ft.
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