1497 Ferguson Street North Bay (Central), ON P1B 1Y8

1497 Ferguson Street offers a three-unit investment property on a corner lot with ample parking and three separate hydro meters. The property consists of two 2-bedroom units and one 1-bedroom unit. One of the2-bedroom units features a large living room currently being used as a third bedroom. Unit 1 is currently vacant and is estimated to rent for approximately $1,400 per month, Unit 2 is rented for $1,465 per month, and Unit 3 is rented for $1,077 per month. The property requires updating and offers an opportunity for a buyer to complete improvements and increase the overall rental potential. With a vacant unit, separate hydro meters and existing rental income, this property is a solid option for an investor looking to add value to a multi-unit property. (id:41440)