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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Central
MLS Listing ID X12362377
Style 3-Storey
Bedrooms 9
Annual Tax Amount $13,674
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Attention investors! This well-maintained 9-bachelor unit property has income of $112,752, with the potential to increase without any renovations. The convenient location to downtown and transportation access to the hospital and university make this a desirable spot for students and single working professionals. With 0% vacancy rate, this gem is easy to rent with the bonus of low maintenance and easy management. The year 2024 gas $4434, hydro $3063, water/waste $1953, insurance $6719. This property is well-maintained and has numerous upgrades in the last 7 years. Responsible tenants. All pay rent on time, online. Fire inspection done in July 2025; all deficiencies were addressed.
Location
Province ON
County Nipissing
Community Central
Area Nipissing
Rooms
Family Room No
Kitchen 9
Interior
Cooling None
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete, Concrete Block, Stone
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