26 Spring Street West Nipissing, Ontario P2B 3G7
$669,900
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:63476)
Property Details
| MLS® Number | X13656730 |
| Property Type | Multi-family |
| Community Name | Sturgeon Falls |
| Amenities Near By | Golf Nearby, Hospital, Schools, Public Transit |
| Community Features | Community Centre, School Bus |
| Parking Space Total | 8 |
| Structure | Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Schools, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 132 Ft |
| Size Frontage | 88 Ft |
| Size Irregular | 88 X 132 Ft |
| Size Total Text | 88 X 132 Ft |
| Zoning Description | R2 |
Utilities
| Electricity | Installed |
| Sewer | Installed |
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 10 2026 02:55:07
North Bay and Area REALTORS® Association
Realty Executives Local Group Inc. Brokerage