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860 WORTHINGTON STREET E
North Bay (Central) Ontario P1B1J4 Canada

$950,000real estate property listed by Realty Executives real estate property listing

Active Listing ID X14103222
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8 bed
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4.00 Bath
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Multi-family

$950,000real estate property listed by Realty Executives real estate property listing

Active Listing ID X14103222
Save

860 WORTHINGTON STREET E 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Window air conditioner, Air exchanger
  • Exterior Finish: Vinyl siding
  • Heating Systems: Radiant heat, Forced air, Natural gas
Listing Changed: 10/22/2026 7:35:12 PM GMT
Source Updated Date: 11/2/2026 12:00:21 PM GMT

Courtesy of: AIMEE CAZABON, Salesperson, REALTY EXECUTIVES Local Group Inc. Brokerage