- Home
- Services
- Homes For Sale Property Listings
- Neighbourhood
- Reviews
- Downloads
- Blog
- Contact
- Trusted Partners
173 King Street West Nipissing, Ontario P2B 1R6
8859 sqft
Forced Air
$739,000
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:58671)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X9352950 |
| Property Type | Multi-family |
| ParkingSpaceTotal | 12 |
Building
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 8859 Sqft |
| SizeInterior | 8859 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 65 Ft ,10 In |
| SizeFrontage | 134 Ft ,8 In |
| SizeIrregular | Bldg=134.67 X 65.87 Ft ; 134.67 Ftx65.87 Ftx 34.31 Ftx65.87 Ft |
| SizeTotalText | Bldg=134.67 X 65.87 Ft ; 134.67 Ftx65.87 Ftx 34.31 Ftx65.87 Ft |
| ZoningDescription | C1 |
https://www.realtor.ca/real-estate/27423819/173-king-street-west-nipissing
Interested?
Contact us for more information
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 18 2024 12:04:44
Toronto Real Estate Board
Keller Williams Referred Urban Realty