For sale 50$657,900
26 Spring Street
Sturgeon Falls, West Nipissing, Ontario P2B3G7
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- X14081352
- Added
- Oct 15, 2026 ()
- Updated
- Oct 15, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Fourplex
- Storeys
- 2
Inside
- Bedrooms
- 8
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Cooling
- None
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
Building
- Basement
- None
- Exterior
- Vinyl siding
- Foundation
- Concrete
- Parking
- No Garage · 8 spaces
- Amenities
- Separate Electricity Meters
- Security
- Smoke Detectors
Land
- Lot size
- 88 x 132 ft
- Zoning
- R2
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity
Location
- Cross streets
- Pembroke St
- Directions
- Follow Hwy 17 W to Sturgeon Falls. Turn left onto Pembroke St. Follow Pembroke St and turn left onto Spring St.
- Nearby
- School Bus, Community Centre
Running costs
- Annual property tax (2025)
- $3,440
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