New Listing
$657,900
 $3,532 est/mo Sourced by Back At You

26 Spring Street,West Nipissing (Sturgeon Falls), ON P2B3G7

West Nipissing (Sturgeon Falls), ON P2B3G7

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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 $78,623, Net Income before mortgage ( expenses: tax, gas, hydro, vacancy, maintenance, management, water, insurance) is $54,708 leaving a solid 8.05% Cap rate. Unit 1 is currently vacant and on the market to rent. (id:13843)

Details

MLS #X14081352
Listing TypeFor Sale
StatusActive
Days On Site6
Listing Provided ByREALTY EXECUTIVES Local Group Inc. Brokerage | MIKE BURMAN

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet3,000
Story(s)2
ZoningR2

Interior

CoolingNone
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Stove, Dryer, Water Heater
Fireplace Yes / NoNo

Exterior

Security FeaturesSmoke Detectors
Foundation DetailsConcrete

Parking

Parking FeaturesNo Garage
Parking Total8

Utilities

UtilitiesSewer, Electricity
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount3440
Tax Year2025

Area Information

ProvinceON
CityWest Nipissing (Sturgeon Falls)
Postal CodeP2B3G7
Listing VS Median (in P2B3G7)
Price:
$657,900
low | high
Med:
$574,700
62.646298829609% of Average
sqft:
3,000
low | high
Med:
1,000
100% of Average
$ / sqft:
$219
low | high
Med:
$575
100% of Average
On site:
6
low | high
Med:
151
3.973509933775% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Paul Liberatore

Paul Liberatore

Sutton Centre Realty

Sales Representative, (604) 788-0463paull@sutton.com
ProvinceON
CityWest Nipissing (Sturgeon Falls)
Postal CodeP2B3G7
Listing VS Median (in P2B3G7)
Price:
$657,900
low | high
Med:
$574,700
62.646298829609% of Average
sqft:
3,000
low | high
Med:
1,000
100% of Average
$ / sqft:
$219
low | high
Med:
$575
100% of Average
On site:
6
low | high
Med:
151
3.973509933775% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 8:58:42 AM PDT

Paul Liberatore - Sutton