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Est. payment | -/mo

5 Beds

2 Baths

Save

Est. payment | -/mo

Save

5 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Ferris

MLS Listing ID X12984450

Style Bungalow

Bedrooms 5

Annual Tax Amount $3,343

Tax Year 2025

Property Sub-Type Semi-Detached

Property Description

Perfect for first-time buyers or savvy investors, this well-maintained home offers a fantastic opportunity in a family-friendly setting. The property features a 3-bedroom, 1-bathroom upper unit and a 2-bedroom, 1-bathroom lower unit, providing excellent flexibility for multi-generational living or rental income.Currently generating $3,700/month in rental income ($2,200 upper + $1,500 lower), the property offers immediate cash flow. The upper unit can be vacated, making it ideal for families who wish to move in while using the lower unit to help offset their mortgage.The basement has been updated with new flooring and is occupied by reliable tenants who have consistently paid on time. Additional updates include a roof that is only 4 years old, giving buyers peace of mind.Situated on a quiet cul-de-sac, the home is located close to schools, parks, and the lake, making it perfect for families seeking both convenience and a great neighborhood lifestyle.A versatile property with strong income potential and end-user appeal-don't miss this opportunity to own a home that works for you.

Location

Province ON

County Nipissing

Area Nipissing

Zoning R3

Rooms

Family Room Yes

Basement Apartment, Separate Entrance

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Carpet Free, In-Law Suite

Cooling None

Fireplaces Number 1

Fireplaces Type Electric

Inclusions Upper Unit: Stove, Fridge, Washer, Dryer, Microwave, Dishwasher, All Electrical Light Fixtures, All Window CoveringsLower Unit: Stove, Fridge, Washer, Dryer, Microwave, All Electrical Light Fixtures, All WindowCoverings

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 30.0

Lot Depth 100.0

Total Parking Spaces 4

Building

Building Age 31-50

Foundation Concrete Block

New Construction false

Others

Senior Community No

Security Features None

ParcelsYN Yes

Listed by RE/MAX MILLENNIUM REAL ESTATE

Schools and Properties Nearby

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8 PLUMTREE PL North Bay, ON P1A 3Y6