NewFor Sale

26 Spring Street
West Nipissing, Nipissing, ON, P2B 3G7

Fourplex
TRREB
MLS® Number: X14081352
Estimated Value
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$657,900List Price
8Bedrooms
4Bathrooms
0Garages
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Listing History

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Current valuation for 26 Spring Street, West Nipissing, ON P2B 3G7. Listed for $657,900 on 2026-11-02

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Description

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.

Features

GolfHospitalPublic TransitRec./Commun.CentreSchoolSchool Bus Route

Amenities

No amenities available

Summary

Tax:$3,440 / 2025
Listing #:X14081352
Property Type:Fourplex, 2-Storey
Size:3000-3500 feet²
Land Size:88 x 132
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:REALTY EXECUTIVES Local Group Inc. Brokerage

Rooms

Details

Property

Property Type:Fourplex
Style:2-Storey
Community:Sturgeon Falls
Municipality:Nipissing

Building

Size:3000-3500 feet²
Construction:Vinyl Siding

Inside

Bedrooms:8
Bedrooms Above Grade:8
Bathrooms:4
Bathrooms Detail:2, 4pc Main floor
Bathrooms Detail:2, 4pc Second floor
Kitchens:4
Family Room:Yes
Appliances Included:Separate Hydro Meter, Water Heater Owned
Basement:None

Parking

Driveway:Private Triple
Garage Type:None
Garage Spaces:0
Total Parking Spaces:8

Utilities

Cooling:None
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Pembroke St.

$657,900

List price

26 Spring Street, West Nipissing – 8 bed Fourplex for sale · MLS® # X14081352