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Last Updated : 627 Days ago
173 King St, West Nipissing, Ontario,

173 King St, West Nipissing MLS Number: X9352950

West Nipissing, Nipissing, ON, P2B 1R6

$739,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $6412.79 (Tax Year:2023)
  • Listing Courtesy : Keller Williams Referred Urban Realty

173 King St Property 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.

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173 King St Property Facts

Property Type :Commercial
MLS Number :X9352950
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :14 Feb, 2025 (627 Days ago)
Source :TRREB
Area :Nipissing
Postal Code : P2B 1R6
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173 King St Property Price & Tax Insights

Price : $739,000
Property Taxes :$6412.79
Tax Year :2023

173 King St, West Nipissing Property Details

Cross Street :King St. and Queen St.

173 King St, West Nipissing - Price History

2024-12

17 Dec, 2024

TREB #X9352950

Available

$739000.0

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