5,000 - 100,000 ft2
Forced Air
$750,000
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. (id:61594)
Property Details
|
MLS® Number
|
X12011514 |
|
Property Type
|
Single Family |
|
Community Name
|
Sturgeon Falls |
|
Amenities Near By
|
Park |
|
Parking Space Total
|
12 |
Building
|
Basement Features
|
Apartment In Basement |
|
Basement Type
|
N/a |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
5,000 - 100,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Park |
|
Sewer
|
Sanitary Sewer |
|
Surface Water
|
Lake/pond |
Utilities
|
Cable
|
Available |
|
Sewer
|
Available |
https://www.realtor.ca/real-estate/28005992/173-king-street-west-nipissing-sturgeon-falls-sturgeon-falls
