West Nipissing (sturgeon Falls), ON P2B1R6,173 KING STREET
West Nipissing (sturgeon Falls), ON P2B1R6,173 KING STREET
West Nipissing (sturgeon Falls), ON P2B1R6,173 KING STREET
West Nipissing (sturgeon Falls), ON P2B1R6,173 KING STREET
West Nipissing (sturgeon Falls), ON P2B1R6,173 KING STREET
West Nipissing (sturgeon Falls), ON P2B1R6,173 KING STREET
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$ 750,000
Est. payment | /mo

4,999 SqFt


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$ 750,000
Est. payment | /mo
Save

4,999 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,999 sqft

Price per Sqft $150

Subdivision Sturgeon Falls

MLS® Listing ID X12011514

Originating Board Toronto Regional Real Estate Board

Property Description

This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you don't want to miss! **EXTRAS** Some tenants have laundry and others don't. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 12

Private Pool No

Building

Story 3

Sewer Sanitary sewer

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(204) 999-2723

ainsley@yoong.ca

300-330 St Mary's Avenue, Winnipeg, Manitoba, R3C3Z5, Canada

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173 KING STREET