1/2444 MAIN STREET E, North Bay (Central)
444 MAIN STREET E, North Bay (Central), ON P1B1B5
$699,000 total
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
89%
About this property
Attention Investors! Solid five unit investment property, featuring a desirable unit mix: one 3 bedroom unit, two 2 bedroom units and two 1bedroom units. Conveniently located across from GoodLife Fitness, with onsite parking for added tenant convenience. A great opportunity to add a multi unit income property to your portfolio. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$27K
Annual cash flow
$-12K
Cash-on-cash
-5.52%
DSCR
0.70
Going-in cap
3.89%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
111,244
Households
40,105
Median income
$130,500
Median age
35.4
Daytime population
102,491
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 444 MAIN STREET E, North Bay (Central).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.