173 King St

West Nipissing | | P2B 1R6
  • 8859.0 sqft
  • 0 gar

$750,000

Est. Mtg $2,543 /mo
  • Days on market

    28

  • Status

    A

Listing Broker KELLER WILLIAMS REFERRED URBAN REALTY
Since listed: 1 views

Home details

MLS #:

X9352950

Property type:
Investment
Style:
Taxes:
$6,413
Possession:
Immediate
Condo Fee:
Lot Size:
134.67 X 65.87
Zoning:
C1
Use:
Apts-6 To 12 Units
Heat:
Gas Forced Air Closd

Description


173 King St, , West Nipissing, Ontario is a Investment property in West Nipissing and in the community in the P2B 1R6 postal code


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..



Payment calculator

$3077 monthly. In association with: TD Bank
%
  • Principal and Interest
    2543 /mo
  • Property Taxes
    $534 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gerry Crokidas, Realtor

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