26 SPRING STREET
West Nipissing (Sturgeon Falls), Ontario
MLS® X13656730
$669,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13656730
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 17Listing description
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.
Property summary
- MLS® number
- X13656730
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 88 x 132 FT
- Annual property taxes
- $3,440.00
- Parking
- 8 spaces · No Garage
- Days on market
- 38 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- None
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
- Exterior features
- Vinyl siding
- Community features
- School Bus, Community Centre
What would this home cost you?
Based on the $669,900 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 REALTY EXECUTIVES Local Group Inc. Brokerage, NORTH BAY.
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.