173 King Street
Sturgeon Falls Nipissing P2B 1R6

$750,000
Residential Freehold beds: 0 baths: 0.0

Main Photo: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Photo 1: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Photo 2: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Photo 3: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Photo 4: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Photo 5: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Photo 6: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Photo 7: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Photo 8: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X12011514
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.
Property Type:
Residential Freehold
Property Sub Type:
Other
Home Style:
3-Storey
Approx. Age:
100+
Total Approx Floor Area:
5000 +
Direction Faces:
West
Bedrooms:
0
Bathrooms:
0.0
Water supply:
Municipal
Kitchens:
0
Ensuite Laundry:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
Other
Garage Spaces:
0.0
Parking Features:
Available
Parking Spaces:
12
Total Parking Spaces:
12.0
Possession Details:
Immediate
Pool:
None
HST Applicable To Sale Price:
In Addition To
Taxes:
$6,412.79 / 2024
Assessment:
$- / -
West Nipissing
Sturgeon Falls
Nipissing
Lake/Pond, Park
None
Brick
No
No
UFFI:
No
Utilities Cable:
Available
Utilities Telephone:
Available
Utilities Gas:
Available
Utilities Hydro:
Available
Utilities Water:
Available
Sewers:
Available
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
Yes
Date Listed:
Mar 10, 2025
  • Photo 1: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
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  • Photo 2: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
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  • Photo 3: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
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  • Photo 4: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
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  • Photo 5: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
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  • Photo 6: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
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  • Photo 7: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
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  • Photo 8: 173 King Street in Nipissing: Sturgeon Falls House for sale (West Nipissing)  : MLS®# X12011514
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Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Data was last updated March 15, 2025 at 04:15 AM (UTC)
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