$749,900
Available - For Sale
Listing ID: X13537210
173 King Street , West Nipissing, P2B 1R6, Nipissing
| Outstanding investment opportunity in the heart of Sturgeon Falls! This fully tenanted mixed-use property at 173 King St. features 2 commercial units and 6 residential apartments on a generous 66' x 132' lot just of Highway 17. Investors will appreciate the turn key potential of this solid asset with C1 zoning, which currently generates strong financial returns with a gross performance showing excellent revenue stability. The property completely eliminates parking headaches for tenants and patrons by featuring 12 dedicated spaces. Don't miss out on adding this high-yield commercial asset to your portfolio in the growing community of West Nipissing. Apartment #1: $779.57/month. Apartment #2: $2015/month. Apartment #3: $825.19/month. Apartment #4: $1000.89/month. Apartment #5: $1050/month. Apartment 6: $941.87/month. Commerce #1: $986/month. Commerce #2: $920.45/month. |
| Price | $749,900 |
| Taxes: | $6412.79 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 173 King Street , West Nipissing, P2B 1R6, Nipissing |
| Postal Code: | P2B 1R6 |
| Province/State: | Nipissing |
| Legal Description: | LT 17 W/S KING ST PL 11 SPRINGER S/T NB1 |
| Directions/Cross Streets: | John Street. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 8859.00 |
| Total Area Code: | Square Feet |
| Water Expense: | $5759 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Century 21 Blue Sky Region Realty Inc., Brokerage |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Nipissing |
| Municipality: | West Nipissing |
| Neighbourhood: | Sturgeon Falls |
| Tax: | $6,412.79 |
| Fireplace: | N |
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