173 King Street, West Nipissing, ON P2B 1R6

  • $750,000
173 King Street, West Nipissing, ON P2B 1R6
Active For Sale
173 King Street, West Nipissing, ON P2B 1R6
173 King Street, West Nipissing, ON P2B 1R6
  • $750,000

Overview

Property ID: HZX12011514
  • Other, Residential
  • Property Type

Description

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.

  • Address 173 King Street
  • City West Nipissing
  • State/county ON
  • Zip/Postal Code P2B 1R6

Details

Updated on March 10, 2025 at 10:45 pm
  • Property ID: HZX12011514
  • Price: $750,000
  • Garage Size: x x
  • Property Type: Other, Residential
  • Property Status: Active, For Sale

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: None
  • County: Nipissing
  • Property Type: Residential
  • Pool: None
  • Parking: Available
  • Architectural Style: 3-Storey

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