Primary photo of 26 SPRING STREET, West Nipissing (Sturgeon Falls)
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Fourplex For Sale

$679,900

26 SPRING STREET

MLS® Number: X12966500

Bedrooms

8

Bathrooms

4

About This Property

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

Property Details

Interior Details

Appliances

Washer, Refrigerator, Stove, Dryer, Water Heater

Basement

None

Bathrooms Total

4

Bedrooms Total

8

Cooling

None

Heating

Forced air, Natural gas

Building & Exterior

Building Features

Separate Electricity Meters

Exterior Features

Vinyl siding

Foundation Details

Concrete

Parking Features

No Garage

Stories

2.0

Land & Location

City Region

Sturgeon Falls

Community Features

School Bus, Community Centre

Frontage Length

88.0 feet

Lot Size Dimensions

88 x 132 FT

Postal Code

P2B3G7

Utilities & Services

Utilities

Sewer, Electricity

Listing & Financials

Listing Office

REALTY EXECUTIVES Local Group Inc. Brokerage

Originating System Name

North Bay and Area REALTORS® Association

Other Specifications

Country

Canada

Parking Total

8

Security Features

Smoke Detectors

Mortgage Calculator

20% ($135,980)
5.5%
25 Years

Estimated Monthly Payment

$3,340

Principal and interest only. Actual rates may vary.

Location & Map

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