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$750,000
Available - For Sale
Listing ID: X12013440
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.
Price $750,000
Taxes: $6,412.79
Tax Type: Annual
Occupancy by: Tenant
Address: 173 King St , West Nipissing, P2B 1R6, Ontario
Postal Code: P2B 1R6
Province/State: Ontario
Lot Size: 134.67 x 65.87 (Feet)
Directions/Cross Streets: King St. and Queen St.
Zoning: C1
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 8,859
Total Area Code:  Sq Ft
Approximatly Age: 100+
Franchise: N
Sprinklers: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: N
Elevator Lift: None
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS REFERRED URBAN REALTY

173 King St , West Nipissing, P2B 1R6, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Nipissing
Municipality: West Nipissing
Neighbourhood: Sturgeon Falls
Style:
Lot Size: 134.67 x 65.87(Feet)
Approximate Age: 100+
Tax: $6,412.79
Maintenance Fee: $0
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