173 King Street West Nipissing, Ontario P2B 1R6

8,859 sqft
None Forced Air

$699,900

Excellent investment opportunity in the heart of Sturgeon Falls! Fully tenanted mixed-use property featuring 2 commercial units and 6 residential apartments on a spacious 66' x 132' lot, conveniently located just off Highway 17. C1 zoning, 12 dedicated parking spaces and multiple income streams make this an attractive addition to any investment portfolio. Current gross rental income is $8,518.97/month ($102,227.64 annually). A turnkey opportunity with strong rental income and excellent potential in the growing community of West Nipissing. (id:47351)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X13880028
Property Type Multi-family
Community Name Sturgeon Falls

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 8,859 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 132 Ft
Size Frontage 66 Ft
Size Irregular 66 X 132 Ft
Size Total Text 66 X 132 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/30385000/173-king-street-west-nipissing-sturgeon-falls-sturgeon-falls