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337 WYLD STREET
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337 WYLD STREET $649,900
$649,900
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337 WYLD STREET
North Bay (Central), Ontario P1B1Z3

MLS® Number: X12016575
4
Bedrooms
5
Bathrooms
-
Square Feet

Listing Description

Discover this thriving investment opportunity strategically located within walking distance to amenities, public transportation and beautiful Lake Nipissing. This well cared for, low maintenance building combines a long-term commercial tenant (Raven Hair Salon) and a small retail shop on the main floor with two updated two-bedroom apartments on the upper floor. The roof (shingles and membrane) was replaced in October 2022. There is a shared laundry on upper floor. The main floor is heated by gas forced air furnace while the upper apartments are heated by hydro (4 meters in back basement). Financially, this property supports a good cap rate generating a gross annual income of $76,620, providing consistent rental income from the secure, commercial leases ensuring steady cash flow from the residential leases. Don't miss out on this chance to secure a lucrative addition to your investment portfolio. (40034766)

Location Description

Between McIntyre & Main

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Storeys
2
Community Name
Central
Land Size
58.08 x 34.75 Acre
Annual Property Taxes
$10,804.02
Parking Type
No Garage, Street
Time on REALTOR.ca
20 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
5
Partial
1
Interior Features
Appliances Included
Water Heater, Water meter, Dryer, Furniture, Two stoves, Washer, Two Refrigerators
Basement Features
Separate entrance
Basement Type
N/A (Unfinished)
Building Features
Features
Carpet Free, Sump Pump
Foundation Type
Block
Fire Protection
Security system, Smoke Detectors
Building Amenities
Separate Heating Controls, Separate Electricity Meters
Rental Equipment
Water Heater - Tankless
Heating & Cooling
Cooling
Central air conditioning
Fireplace
2
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Concrete Block
Parking
Parking Type
No Garage, Street
Data provided by: North Bay and Area REALTORS® Association 1281 Cassells Street, North Bay, Ontario P1B 4B8
705-358-9010
Email
Book showing
Royal LePage Northern Life Realty, Brokerage
Brokerage
117 CHIPPEWA STREET WEST
NORTH BAY, Ontario P1B6G3
705-472-2980
705-477-1312
Email
Book showing
Royal LePage Northern Life Realty, Brokerage
Brokerage
117 CHIPPEWA STREET WEST
NORTH BAY, Ontario P1B6G3
705-472-2980
DEBBIE FORREST