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605 Drive-In RD West Nipissing, ON P2B 2R1
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Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Sturgeon Falls
MLS Listing ID X12392219
Sold Date 09/10/25
Style Bungalow
Bedrooms 6
Building Age 51-99
Annual Tax Amount $2,863
Tax Year 2025
Property Sub-Type Triplex
Property Description
605 Drive-In Road (Sturgeon Falls) - Totally renovated with permits, this income-generating triplex is the perfect investment opportunity. Featuring three self-contained units with separate gas and hydro meters, the property includes a spacious 3-bedroom apartment currently rented at $2,300/month plus utilities, along with a vacant 2-bedroom unit (on closing) and a vacant 1-bedroom unit ready to set your own rents. Recent upgrades include a brand-new septic system and three owned hot water heaters, keeping expenses low. With town water on site and all major updates completed, this property offers excellent cash flow potential with minimal overhead. A turn-key rental opportunity not to be missed! Attractively priced at $479,900.
Location
Province ON
County Nipissing
Community Sturgeon Falls
Area Nipissing
Zoning R1
Rooms
Family Room No
Basement Crawl Space
Kitchen 3
Interior
Interior Features ERV/HRV, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Cooling None
Exterior
Pool None
Roof Type Asphalt Shingle
Road Frontage Year Round Municipal Road
Lot Frontage 80.68
Lot Depth 160.0
Total Parking Spaces 5
Building
Foundation Concrete
Others
Senior Community No
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