314 King Street

Sturgeon Falls,ON P2B 3A9

$ 379900

5 Beds

3 Baths

1610 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,610 sqft

Price per Sqft $235

MLS Listing ID 40624764

Bedrooms 5

Abv Grd Liv Area 2,482

Originating Board North Bay

Year Built 1925

Annual Tax Amount $3,302

Lot Size 8,712 Sqft

Acres 0.2

Property Description

Attention all investors! Welcome to 314 King St. This large, well maintained investment property consists of 3 spacious units with efficient hot water heating, ample parking, and detached garage for added storage. This property is situated on a corner lot next to a park and playground and is located far enough from neighbouring properties for added privacy. Among the three units are a 1-bedroom unit and 2-2-bedroom units. This attractive investment property has a cap rate of almost 7% and would be a great addition to any investment portfolio. The top floor is currently vacant and was recently leased for $1,650 per month. Do not miss out!

Location

Province ON

County Nipissing

Area West Nipissing

Zoning R3

Direction Sturgeon Falls, Corner of King & Second St.

Rooms

Basement Full,Finished

Kitchen 0

Interior

Interior Features Other

Heating Natural Gas,Other

Cooling None

Fireplace No

Appliance Refrigerator,Stove

Laundry None

Exterior

Exterior Feature Landscaped

Garage Detached Garage

Garage Spaces 1.0

Waterfront No

Roof Type Asphalt Shing

Lot Frontage 132.0

Lot Depth 66.0

Parking Type Detached Garage

Garage Yes

Building

Lot Description Rectangular,City Lot,Marina,Park

Faces Sturgeon Falls, Corner of King & Second St.

Story 2

Foundation Concrete Block,Stone

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Vinyl Siding

New Construction No

Others

Senior Community false

Tax ID 490790227

Ownership Freehold/None

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