231 Clark ST new Save Request In-Person Tour Request Virtual Tour
West Nipissing,ON P2B 1A6
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Sturgeon Falls
MLS Listing ID X12222698
Style 1 1/2 Storey
Bedrooms 5
Building Age 51-99
Annual Tax Amount $2,879
Tax Year 2024
Property Sub-Type Triplex
Property Description
231 Clark St - Exceptional investment opportunity in the heart of Sturgeon Falls! This fully retrofitted triplex offers a turn-key solution for investors or owner-occupiers seeking reliable rental income. The property features three self-contained units: a spacious 2-bedroom apartment in the basement, a large 2-bedroom unit on the main floor, and a bright and updated 1-bedroom unit on the second floor. Each unit has its own private entrance, individual hydro meter, and in-unit laundry hookups and storage units. Generating a gross annual income of $41,520 with approximate expenses of $12,888, this property provides a solid net income of $28,632. Ideally located within walking distance to downtown amenities, schools, and parks, this is a high-performing asset in a growing community. Asking $439,900
Location
State ON
County Nipissing
Community Sturgeon Falls
Area Nipissing
Zoning R3
Rooms
Family Room No
Basement Full,Finished
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Sump Pump,Separate Hydro Meter,On Demand Water Heater
Cooling None
Exterior
Parking Features Private Triple
Pool None
Roof Type Asphalt Shingle
Road Frontage Year Round Municipal Road
Lot Frontage 60.0
Lot Depth 132.0
Total Parking Spaces 4
Building
Foundation Concrete Block
New Construction false
Others
Senior Community No
Security Features Carbon Monoxide Detectors,Smoke Detector