26 Spring Street
Sturgeon Falls, West Nipissing, P2B 3G7
For Sale
7.30 BTC

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8
BEDROOMS4
BATHROOMS4
KITCHENS28
ROOMSX12966500
MLSIDContact Us
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
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Nearby Intersections
Property Features
Golf, Hospital, Rec./Commun.Centre, School, School Bus Route, Public Transit, Water Heater Owned, Separate Hydro Meter, Private, Carbon Monoxide Detectors, Smoke Detector
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Property Details
Property Type
Fourplex
Lot Size
88' x 132'
Acreage
0.3 Feet
Taxes
$3,440 (2025)
Basement
None
Exterior
Year Round Living, Porch
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
8
Garage Type
None
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Listing contracted with Realty Executives Local Group Inc. Brokerage
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