Courtesy of: Louise Ames, Broker, CENTURY 21 TEMISKAMING PLUS BROKERAGE
Courtesy of: Louise Ames, Broker, CENTURY 21 TEMISKAMING PLUS BROKERAGE
$495,000
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5 bed
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3.00 Bath
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Multi-family
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$495,000
222 WHITEWOOD AVENUE 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:203)