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 dont want to miss! **EXTRAS** Heating is a combination of forced air and electric baseboards, laundry exists for some tenants, and not others.
City: West Nipissing
Located at 173 King St , this West Nipissing house went off the market on null. This house's size is 5000 + Sqft. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 12 parking spots.
MLS#: X9353133 · $739,000 · null bedroom house in West Nipissing