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  • 82 Front Street
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82 Front Street NIPIGON $159,900

Great investment!  Built in 1991 this 2235 sq ft investment building has a 2 bedroom main floor unit with gas fireplace & hot water gas heating, An upper apartment has 2 brs and a loft with forced air gas heating, the basement has a 1 br electric heated unit with doors to patio.  Each unit has separate hydro meters.  Each unit has separate laundry facilities.  Metal roof.  Great location walking distance to the main street.  Nipigon's rental market is currently in high demand!  This building is fully rented.  Call now! Buyer to satisfy themselves of legality.

Never been to Nipigon??  This is a great place only 1 hr east of Thunder Bay and on the shores of Lake Superior - great fishing and hunting at your doorstep - recreational lakes minutes away - it's a small town with friendly people and a quieter way of living!  Check out the website at http://www.nipigon.net/  

 

Ron Ferris Broker of RecordWendy Ferris Sales RepresentativePresented by:

Ronne & Wendy Ferris

Broker of Record & Sales Representative

473-6949 or 624-8452

ronandwendyferris@shaw.ca

 

Net Operating Income

Expense total - $7,050/yr

Net Income - $19,350/yr

Expenses

Water/Sewer -$384.29/15

Insurance - $2650.33/15

Maintenance/Repair - $900/15

Grass cutting - $300/15

Taxes - $2710.77/16

 

 

Number of Apartments

Mn Flr - 2 br

Upstairs - 2 br & loft

Downstairs - 1 br

Rents

Mn Flr - $750/month + heat/hydro

Upstairs - $800/month + heat/hydro

Downstairs - $550/month + hydro

Parking

plenty of parking - back of building

Garage

No

Area

Nipigon

 

Taxes

$2710.77/16

Lot Size

94.38 ft x Irreg.

 

Heat Type

Mn Flr - Hot Water Gas & Gas Fireplace

Top Flr - Forced Air gas

Bsmt - electric heat

Heat Cost

Tenant pays

Updates & Extras

metal roof, each unit has own laundry facilities, gas fireplace in lr on main floor unit, separate hydro meters - snow removal is tenant's responsibility

 

                                           

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                                                       *CENTURY 21 SUPERIOR REALTY IS INDEPENDENTLY OWNED AND OPERATED

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