26 Spring St
West Nipissing, Ontario






Beds
8
Baths
4
Sqft
3,000
Type
Fourplex
About this Property
Well-Maintained Legal 4-Plex with nice updates! This property features four spacious 2-bedroom units, each separately metered for hydro. Every unit offers the convenience of in-suite laundry and comes with dedicated parking spaces. With reliable tenants in place and low-maintenance utilities, this is an excellent opportunity to expand your investment portfolio with a solid, income-generating property. Gross income $78,623, Net Income before mortgage ( expenses: tax, gas, hydro, vacancy, maintenance, management, water, insurance) is $54,708 leaving a solid 8.05% Cap rate. Unit 1 is currently vacant and on the market to rent.
Listing Details
- MLS #
- X14081352
- Board
- PROPTX
- Market
- ontario
- Property Type
- Fourplex
- Style
- 2-Storey
- Garage
- None
- Parking Spaces
- 8
- Basement
- None
- Heating
- Forced Air
- Cooling
- None
- Pool
- None
- Lot Size
- 88 × 132 ft
- Annual Taxes
- $3,440/yr
- Listed By
- REALTY EXECUTIVES Local Group Inc. Brokerage
- Listed On
- October 15, 2026
Features & Extras
Extras
4 Fridges, 4 Stoves, 4 Washers, 4 Dryers
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