222 Whitewood Avenue Temiskaming Shores, Ontario P0J 1P0

5 Bedroom 3 Bathroom 2,000 - 2,500 sqft
None Forced Air

$549,900

Legal and conforming triplex offering an excellent investment opportunity in a desirable New Liskeard location. Current rental income is $2,950/month from two occupied units, with the vacant lower-level apartment providing immediate rental potential estimated at approximately $1,100/month, for a total potential gross income of approximately $4,050/month ($48,600 annually). Main floor 2-bedroom apartment rents for $1,450/month all inclusive. Upper 3-bedroom apartment rents for $1,500/month all inclusive. Owner pays all utilities. 2025 expenses: Taxes $5,880, Insurance $2,200, Hydro $1,800, Gas $1,960, Reliance $350, Snow Removal $800. Recent improvements include new flooring in Apartments #2 and #3 (approximately $14,000) and washer/dryer hookups in Apartments #1 and #3. Existing tenants are on one-year leases. Basement apartment is vacant, offering immediate occupancy for an owner or the opportunity to establish current market rent. Income and expense statement, leases and additional information available upon request. Please allow sufficient notice for tenant-occupied units. (id:15069)

Property Details

MLS® Number T13533958
Property Type Multi-family
Community Name New Liskeard
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Total 5
Age 51 To 99 Years
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type None
Exterior Finish Asbestos, Wood
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 132 Ft
Size Frontage 33 Ft
Size Irregular 33 X 132 Ft
Size Total Text 33 X 132 Ft
Zoning Description R3

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30001181/222-whitewood-avenue-temiskaming-shores-new-liskeard-new-liskeard

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