26 Spring ST, West Nipissing, ON P2B 3G7
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26 Spring ST, West Nipissing, ON P2B 3G7
26 Spring ST, West Nipissing, ON P2B 3G7
26 Spring ST, West Nipissing, ON P2B 3G7
26 Spring ST, West Nipissing, ON P2B 3G7
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26 Spring ST West Nipissing, ON P2B 3G7

8 Beds

4 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Sturgeon Falls

MLS Listing ID X12966500

Style 2-Storey

Bedrooms 8

Annual Tax Amount $3,440

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Well-Maintained Legal 4-Plex with nice updates! This property features four spacious 2-bedroom units, each separately metered for hydro. Every unit offers the convenience of in-suite laundry and comes with dedicated parking spaces. With reliable tenants in place and low-maintenance utilities, this is an excellent opportunity to expand your investment portfolio with a solid, income-generating property. Gross income $77619.36, Net Income before mortgage ( expenses: tax,gas,hydro,vacancy, maintenance, management, water, insurance) is $54,709 leaving a solid 8.05% Cap rate

Location

Province ON

County Nipissing

Area Nipissing

Zoning R2

Rooms

Family Room Yes

Basement None

Kitchen 4

Interior

Interior Features Water Heater Owned, Separate Hydro Meter

Cooling None

Inclusions 4 Fridges, 4 Stoves, 4 Washers, 4 Dryers

Exterior

Exterior Feature Year Round Living, Porch

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 88.0

Lot Depth 132.0

Total Parking Spaces 8

Building

Foundation Concrete

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No


Listed by REALTY EXECUTIVES Local Group Inc. Brokerage
Duncan Harvey

Duncan Harvey

Broker | Branch Partner

+1(905) 510-5995

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26 Spring ST

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