$669,900
26 SPRING STREET
Sturgeon Falls, West Nipissing, ON
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. (id:66946)
Features
Listing courtesy of REALTY EXECUTIVES Local Group Inc. Brokerage. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.