North Bay - College Heights
North Bay - College Heights
Sold For$405,000
Listed For $299,900
Sold Feb 2022
Here's an opportunity to get into North Bay's rapidly increasing housing market at a reasonable price. Either as a homebuyer or investor, this 5 bedroom, 2 bathroom home is located in a very desirable area close to the college and university, shopping, dining, trails and more. Currently rented to 5 mature students at $500 per room per month and has recently renewed the Residential Rental License for 5 bedrooms and is good until November 2023. Lease runs until May 1 and the students would be open to staying for another year if the new owners would want to continue renting it. Shingles are only 4 years old and gas hot water heat makes this very efficient. Monthly utilities hydro cost is about $100, gas is around $100 and water/sewer about $95. Offers to be presented on Wednesday February 9th
* Values are estimates only and not a guarantee of lending or affordability.
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