List Price: $750,000
173 King Street, West Nipissing, P2B 1R6
- By KELLER WILLIAMS REFERRED URBAN REALTY
Other|MLS - #X12011514|New
0 Bed
0 Bath
5000 + Sqft.
Other Garage
Client Remarks
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.
Property Description
173 King Street, West Nipissing, P2B 1R6
Property type
Other
Lot size
N/A acres
Style
3-Storey
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Apartment
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--
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173 King Street, West Nipissing, P2B 1R6Nearby Places
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
Mortgage Information
Estimated Payment
$0 Principal and Interest
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