39 PRINCIPALE STREET W Active

West Nipissing (verner),ON P0H2M0

$ 299000

2 Beds

2 Baths

1100 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $271

Subdivision Verner

MLS Listing ID X12290554

Bedrooms 2

Property Sub-Type Freehold

Property 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! (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Interior

Heating Forced air

Cooling Window air conditioner

Exterior

Parking Features No

View Y/N No

Building

Story 1.5

Sewer Septic System

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