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Est. payment /mo
Price Dropped by $20K
1150 Ferguson ST North Bay, ON P1B 1Y6
3,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Subdivision Central
MLS Listing ID X13651446
Annual Tax Amount $6,185
Tax Year 2025
Property Sub-Type Investment
Property Description
This well-maintained and managed six-plex offers a prime investment opportunity in a central location. Featuring a balanced unit mix of three spacious two-bedroom units and three comfortable one-bedroom units, this property appeals to a wide range of tenants and ensures strong rental demand. Situated close to amenities, public transit, shopping, schools, and downtown services, tenants enjoy easy access to everything they need, making this a consistently attractive rental property. This property presents a solid income-generating opportunity, almost 8% CAP Rate, with stable tenancy potential in a central area. Whether you're expanding your portfolio or entering the multi-family market, this six-plex is a smart, turnkey investment.
Location
Province ON
County Nipissing
Area Nipissing
Zoning RM2 SP85
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 72.0
Lot Depth 87.0
Others
ParcelsYN No
Listed by Royal LePage Northern Life Realty, Brokerage
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