26 Spring Street, West Nipissing
$657,900
26 Spring Street, West Nipissing
Total Monthly Obligation $3,315
No agent assigned
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.
Closing Costs
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Properties near 26 Spring Street
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