997 Hammond ST, North Bay, ON P1B 2H6
997 Hammond ST, North Bay, ON P1B 2H6
997 Hammond ST, North Bay, ON P1B 2H6
997 Hammond ST, North Bay, ON P1B 2H6
997 Hammond ST, North Bay, ON P1B 2H6
997 Hammond ST, North Bay, ON P1B 2H6
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 349,900
Est. payment | /mo

6 Beds

3 Baths

Save
$ 349,900
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Central

MLS Listing ID X12839348

Style 2-Storey

Bedrooms 6

Annual Tax Amount $2,663

Tax Year 2025

Property Sub-Type Triplex

Property Description

INVESTOR ALERT - Exceptional 10.36% CAP Rate on a Prime Corner Lot! This massive 2,139 sq. ft. triplex offers a significant cash-flow opportunity in central North Bay. The property is uniquely configured with a rear 2-bedroom, 1-bathroom bungalow-style unit occupied by a stable, 7-year tenant, providing immediate guaranteed income. The front of the building consists of two spacious 2-storey units, each featuring 2 bedrooms and 1 bathroom. These front units are delivered vacant, offering a prime opportunity for an investor to refresh the spaces to their own standards and set current market rents to maximize ROI. Situated on a prominent corner lot at the end of a quiet street, the property features impressive vaulted ceilings that create a high-end feel. This powerhouse addition to any portfolio includes a detached garage and ample parking for 5 vehicles. Some Photos Virtually Augmented.

Location

Province ON

County Nipissing

Area Nipissing

Zoning Residential 3rd Density - Triplex

Rooms

Family Room No

Basement Crawl Space

Kitchen 3

Interior

Interior Features Suspended Ceilings

Cooling None

Inclusions 461 Haig St Unit - Fridge & Stove. 997 Hammond St unit - Fridge & Stove. 993 Hammond St unit - Fridge & Stove.

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 100.0

Total Parking Spaces 5

Building

Building Age 100+

Foundation Stone

Others

Senior Community Yes

ParcelsYN No

Listed by REALTY EXECUTIVES Local Group Inc. Brokerage

Schools and Properties Nearby

Tony & Ledi Real Estate Team

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

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997 Hammond ST