586 Main Street East North Bay (Central), ON P1B 1B8
Listing Courtesy of:  CREA / Coldwell Banker-Peter Minogue R.E., Brokerage / Coldwell Banker Peter Minogue Real Estate, Brokerage / SUE FAVRETTO

  586 Main Street East North Bay (Central), ON P1B 1B8

Active (13 Days)
$499,900
6
BED
4
BATH
See Similar Listings

Description

Excellent Investment Opportunity in Downtown North Bay! This income property features three self-contained 1-bedroom units plus a spacious 3-bedroom rooming house, offering strong and consistent rental income. With a cap rate of over 9%, this property is a rare find for savvy investors. Recent renovations completed within the past 36 years include updates to the flooring, kitchens, bathrooms, and major mechanicals. Tenants enjoy the added convenience of on-site coin laundry. Located in the heart of downtown, it's just steps from shopping, restaurants, public transit, and the beautiful North Bay waterfront. Tenants enjoy convenience, and investors enjoy cash flow this is a win-win! Don't miss out on this high-performing asset in a prime location. (id:41440)

MLS®:
X12274089
Type
Multifamily
County
Nipissing District

Listed By

Angela Ashford, Coldwell Banker-Peter Minogue R.E., Brokerage
SUE FAVRETTO, Coldwell Banker Peter Minogue Real Estate, Brokerage
Source
CREA
Last checked Jul 22 2025 at 6:30 AM EDT
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Refrigerator
  • Stove
  • Water Heater
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Natural Gas
Basement Information
  • Apartment In Basement
  • N/a
Exterior Features
  • Brick
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • No Garage
  • Total: 2
Stories
  • 3
Powered by Walk Score®
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 7/21/25 23:30

ABOUT US

About Us

Media Assets

Blog

Contact Us

WHY CHOOSE C21

Why Choose C21?

Specialty Markets

Our Partners

Supporting Our Communities

JOIN US

Franchising

Careers

C21_Seal_RelentlessGold_4C

Terms & Conditions  |  Privacy Policy

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage organization. CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC, used under license. Each office is independently owned and operated. ®(™) Registered trademarks of Century 21 Real Estate LLC used under license.

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.