39 Principale Street W, West Nipissing (verner), Ontario

About 39 Principale Street W

RENOVATED DUPLEX Welcome to 39 Principale St W. Unique opportunity in the heart of family-friendly Verner on a generously sized fenced-in lot. This 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 annual rental income). Very low property taxes nearly $100/month and efficient, low utility bills, make 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. Just under an hour drive from Sudbury and North Bay. Opportunities like this, priced right, don't come up often. Both units are currently vacant, ready for you to set your own rent, and giving you the opportunity to live in one and rent out the other unit. (id:6289)

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