39 Principale St W, West Nipissing, P0H 2M0

Home Overview

Description

Rare unique opportunity in the heart of family-friendly Verner on a generous sized, fenced in lot. This newly renovated property features two above-grade, side by side units (front & back) each with its own laundry and efficient forced air gas heat, and the back unit is sprawling over 2 floors. Live in one, or both (with family), and let the other help pay the mortgage, or invest with confidence in a fresh, low-maintenance income property. Previously rented for $2700/month ($32,400.00 annual rental income). Very low property taxes nearly $100/month and efficient, low utility bills, makes this a strong cash flowing rental (at near 10 cap rate!). Located in a welcoming community with walking distance to grocery and convenience stores, an elementary school, the arena and golf course. Under an hours drive from Sudbury and North Bay. Opportunities like this priced right dont come up often. Both units can sold tenanted or vacant possession possible. Currently front unit is empty, and back tenanted to a lovely couple who would like to stay. Come be part of the Verner community today!

59 days

On Market

Detached

Property Type

$1,362 / Year

Est. Taxes

1 1/2 Storey

Style

None

Garage

Exposed Rock

Basement

Location & Areas