New Listing
$950,000
 $5,100 est/mo Sourced by Back At You

860 Worthington Street E,North Bay (Central), ON P1B1J4

North Bay (Central), ON P1B1J4

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Description

Strong Cash Flow & Excellent Investment Potential! This solid fourplex is an outstanding opportunity for investors seeking attractive returns and value-add potential. Featuring four spacious, bright 2-bedroom units with efficient radiant in-floor heating on the main floor, gas forced air on the second floor, and in-suite laundry hookups, this property generates over $90,000 in gross annual income. Three units currently rent for $1,950/month, with tenants paying their own utilities(separate gas and hydro meters), keeping operating expenses to a minimum. The fourth unit is currently vacant and freshly updated, offering an excellent opportunity to set market rent and maximize income. With a compelling 7.71% cap rate, low operating costs, and additional rental income potential, this property is well suited for both seasoned investors and those looking to expand their portfolio. Cash flow statement available upon request. (id:13843)

Details

MLS #X14103222
Listing TypeFor Sale
StatusActive
Days On Site7
Listing Provided ByREALTY EXECUTIVES Local Group Inc. Brokerage | AIMEE CAZABON

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet3,500
Story(s)2

Interior

CoolingWindow air conditioner, Air exchanger
HeatingRadiant heat, Forced air, Natural gas
AppliancesRefrigerator, Stove
Fireplace Yes / NoNo

Exterior

Foundation DetailsSlab

Parking

Parking FeaturesNo Garage
Parking Total8

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount9378
Tax Year2025

Area Information

ProvinceON
CityNorth Bay (Central)
Postal CodeP1B1J4
Listing VS Median (in P1B1J4)
Price:
$950,000
low | high
Med:
$724,500
73.736842105263% of Average
sqft:
3,500
low | high
Med:
2,500
78.571428571429% of Average
$ / sqft:
$271
low | high
Med:
$302
38.719298245614% of Average
On site:
7
low | high
Med:
11
63.636363636364% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Natasha Chang

Natasha Chang

Sutton Group - Seafair Realty

Sales Representative, (604) 808-2142natashachang@sutton.com
ProvinceON
CityNorth Bay (Central)
Postal CodeP1B1J4
Listing VS Median (in P1B1J4)
Price:
$950,000
low | high
Med:
$724,500
73.736842105263% of Average
sqft:
3,500
low | high
Med:
2,500
78.571428571429% of Average
$ / sqft:
$271
low | high
Med:
$302
38.719298245614% of Average
On site:
7
low | high
Med:
11
63.636363636364% of Average
Sourced by Back At You
Listing Updated: October 22, 2026 at 12:56:41 PM PDT
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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