West Nipissing - Sturgeon Falls
West Nipissing - Sturgeon Falls
Sold For$395,000
Listed For $419,900
Sold 9 months ago
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 $
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* Values are estimates only and not a guarantee of lending or affordability.