Turnkey Investment opportunity with main floor 3 commercial/industrial units plus 5 residential apartments fully updated and turn key. Zoned M-2, this building has seen numerous upgrades such as ESA report 2019, fire retrofit inspection 2024, updated hot water boiler in 2017. Residential apartments are 2x3 bedrooms and 3x2 bedrooms, all of which have seen large renovations and updates including kitchens, bathrooms, flooring, lighting, trim, 4 built in all in one laundry machines and most windows. The 3 commercial industrial units are 2075 Sqft, 1700 sqft and 700 sqft with high ceilings and 2 grade loading doors. Whole building is gas hot water and tenants rents are all inclusive except for the hydro cost. Actual Income and expense sheet available including management fees on the residential units, vacancy and maintenance allowances. Other supporting documentation upon request, legal non conforming building. (id:50947)
| MLS® Number | 40689000 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Golf Nearby, Hospital, Public Transit, Shopping |
| Community Features | School Bus |
| Features | Visual Exposure, Paved Driveway |
| Parking Space Total | 14 |
| Bathroom Total | 5 |
| Bedrooms Total | 12 |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Cooling Type | None |
| Exterior Finish | Brick, Stucco |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 8950 Sqft |
| Utility Water | Municipal Water |
| Attached Garage |
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Airport, Golf Nearby, Hospital, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 37 Ft |
| Size Frontage | 164 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | M2 |
https://www.realtor.ca/real-estate/27789486/245-mattawa-street-north-bay
Contact us for more information
Mike Burman
Broker of Record
(705) 478-8588
www.realtyexecutivesnorthbay.com
Josee Laperle
Salesperson
(705) 478-8588
www.realtyexecutivesnorthbay.com
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The Reitzels
Keller Williams Innovation
640 Riverbend Drive
Kitchener, ON N2K 3S2
Phone: 519-570-6299 or
519-570-4447
Email: info@TheReitzels.com
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