26 Spring Street, West Nipissing (sturgeon Falls), Ontario

$669,900

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8

Beds

4

Baths

About 26 Spring Street

Well-Maintained Legal 4-Plex with nice updates! This property features four spacious 2-bedroom units, each separately metered for hydro. Every unit offers the convenience of in-suite laundry and comes with dedicated parking spaces. With reliable tenants in place and low-maintenance utilities, this is an excellent opportunity to expand your investment portfolio with a solid, income-generating property. Gross income $77619.36, Net Income before mortgage ( expenses: tax,gas,hydro,vacancy, maintenance, management, water, insurance) is $54,709 leaving a solid 8.05% Cap rate. (id:36535)

Features of 26 Spring Street

Listing # X13656730
Price $669,900
Bedrooms 8
Bathrooms 4.00
Acres 0.00
Type Multi-family

Community Information

Address 26 Spring Street
Subdivision Sturgeon Falls
City West Nipissing (sturgeon Falls)
Province Ontario
Postal Code P2B3G7

Amenities

Amenities Golf Nearby, Hospital, Schools, Public Transit, Separate Electricity Meters
Utilities Electricity, Sewer
Parking Spaces 8
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Basement Type None

Exterior

Exterior Vinyl siding
Lot Description 88 x 132 FT
Foundation Concrete

Listing Details

OfficeCourtesy Of REALTY EXECUTIVES Local Group Inc. Brokerage

Listing Map