173 KING STREET
West Nipissing (Sturgeon Falls), Ontario
MLS® X13880028
$699,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13880028
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 32Listing description
Excellent investment opportunity in the heart of Sturgeon Falls! Fully tenanted mixed-use property featuring 2 commercial units and 6 residential apartments on a spacious 66' x 132' lot, conveniently located just off Highway 17. C1 zoning, 12 dedicated parking spaces and multiple income streams make this an attractive addition to any investment portfolio.
Current gross rental income is $8,518. 97/month ($102,227. 64 annually).
A turnkey opportunity with strong rental income and excellent potential in the growing community of West Nipissing.
Property summary
- MLS® number
- X13880028
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 8,859 sq ft
- Land size
- 66 x 132 FT
- Annual property taxes
- $6,412.79
- Days on market
- 1 day
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
What would this home cost you?
Based on the $699,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Blue Sky Region Realty Inc., Brokerage, STURGEON FALLS.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.