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. Please allow sufficient notice for tenant-occupied units. (id:66349)

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

Contact Us

Contact us for more information

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Louise Ames
Broker

(705) 648-3336
www.facebook.com/louise.ames.353

Century 21 Temiskaming Plus Brokerage
19 Paget St. S.
New Liskeard, Ontario P0J 1P0

(705) 647-8148

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