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:4069)
Address
222 WHITEWOOD AVENUE
List Price
$495,000
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Temiskaming Shores (new Liskeard)
Bedrooms
5
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
33 x 132 FT Sq. Ft.
Lot Depth
132 ft
Frontage Length
33 ft
MLS® Number
T13533958
Listing Brokerage
CENTURY 21 TEMISKAMING PLUS BROKERAGE
Basement Area
N/A
Postal Code
P0J1P0
Zoning
R3
Parking Places (Total)
3
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
None
Foundation Details
Concrete
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Sanitary sewer
