$739,000
( $83.42Per Sq Foot )
$3,967 est/mo Sourced by Back At You173 King Street , West Nipissing, ON P2B 1R6
West Nipissing, ON P2B 1R6
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!
Details
| MLS# | X9352950 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Days On Site | 118 |
| Listing Provided By | KELLER WILLIAMS REFERRED URBAN REALTY | Not Provided |
Features
| SQ Feet | 8,859 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Nipissing |
| City | West Nipissing |
| Zip Code | P2B 1R6 |
| Listing VS Median (in P2B 1R6) | |
Price: $739,000 low | high Med: $739,000 SqFt: 8,859 low | high Med: 8,859 $ / SqFt: $83 low | high Med: $83 On Site: 118 low | high Med: 118.000000 | |
Listing Updated: December 22, 2024 at 11:15:40 AM PST
