173 King Street
West Nipissing Nipissing P2B 1R6

$739,000
Freehold beds: 0 baths: 0.0

Main Photo: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 1: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 2: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 3: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 4: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 5: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 6: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 7: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 8: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 9: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 10: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
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Photo 17: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 18: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 19: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 20: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 21: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 22: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 23: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 24: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 25: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 26: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 27: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 28: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 29: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 30: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 31: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 32: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 33: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 34: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 35: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 36: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 37: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Photo 38: 173 King Street in Nipissing: House (3-Storey) for sale (West Nipissing)  : MLS®# X9353133
Status:
Active
Prop. Type:
Freehold
MLS® Num:
X9353133
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 dont want to miss!
Property Type:
Freehold
Freehold Type:
Other
Home Style:
3-Storey
Approx. Age:
100+
Total Approx Floor Area:
5000+
Exposure:
West
Bedrooms:
0
Bathrooms:
0.0
Water supply:
Municipal
Heating type:
Forced Air
Heating Fuel:
Gas
Basement:
Apartment
Fireplace/Stove:
No
Garage:
Other
Garage Spaces:
0
Parking Spaces:
12
Total Parking Spaces:
12
Driveway:
Available
Possession Details:
Immediate
Taxes:
$6,412.79 / 2023
Assessment:
$- / -
Lake/Pond, Park
Heating is a combination of forced air and electric baseboards, laundry exists for some tenants, and not others.
Brick
No
No
None
UFFI:
No
Utilities Cable:
Available
Utilities Telephone:
Available
Utilities Gas:
Available
Utilities Hydro:
Available
Special Designation:
Unknown
Sewer:
Sewers
Air Conditioning:
None
Seller Property Info Statement:
Yes
Physically Handicapped-Equipped:
No
Date Listed:
Sep 17, 2024
Original Price:
$750,000
Previous Price:
$750,000
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Data was last updated December 21, 2024 at 11:55 PM (UTC)
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