ON > West Nipissing > Sturgeon Falls
West Nipissing, ON P2B 1A6,231 Clark ST
West Nipissing, ON P2B 1A6,231 Clark ST
West Nipissing, ON P2B 1A6,231 Clark ST
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John Cornwell

John Cornwell

+1(647) 527-5873
$439,900
Est. payment /mo
5 Beds
3 Baths
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UPDATED:

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

Province 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

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Listed by Page & Associates Realty, Brokerage

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agent

John Cornwell

+1(647) 527-5873

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