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. (id:44373)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X13651446 |
| Property Type | Multi-family |
| Community Name | Central |
| Features | Irregular Lot Size |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 3,500 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 87 Ft |
| Size Frontage | 72 Ft |
| Size Irregular | 72 X 87 Ft |
| Size Total Text | 72 X 87 Ft |
| Zoning Description | Rm2 Sp85 |
https://www.realtor.ca/real-estate/30129503/1150-ferguson-street-north-bay-central-central
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John Symons
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(705) 472-2980