0.34 ac
Partially Air Conditioned
Forced Air
$995,000
This 11-unit property offers a rare chance to invest in a high-demand rental market benefiting from strong tenant interest and consistent occupancy. The unit mix consists of a three-bedroom unit, a cozy one-bedroom unit, and nine spacious two-bedroom units, all conveniently accessible through the shared common areas. All units have their own hydro meter, with nine units currently paying their own hydro. Heat is ran through a baseboard electric system limiting expenses for the landlord. Water and Sewer are municipal and paid by the Landlord. Recent updates enhance its appeal and operational efficiency, while a notable gap to market rents provides significant value-add potential. Situated on a spacious lot with a large parking area in the front, the property presents opportunities for future development or additional amenities. This well-positioned asset combines immediate income stability with long-term growth potential in a growing northern community. (id:51158)
Property Details
MLS® Number
|
T11929952 |
Property Type
|
Multi-family |
Community Name
|
Haileybury |
About 255 Rorke Avenue, Temiskaming Shores (Haileybury), Ontario
This For sale Property is located at 255 Rorke Avenue Multi-family Multi-Family set in the community of Haileybury, in the City of Temiskaming Shores (Haileybury) Multi-family bedroom(s), bath(s) . 255 Rorke Avenue has Forced air heating and Partially air conditioned. This house features a Fireplace.
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This Temiskaming Shores (Haileybury) Multi-Family
The Current price for the property located at 255 Rorke Avenue, Temiskaming Shores (Haileybury) is $995,000 and was listed on MLS on :2025-01-18 00:03:50. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.
Building
Cooling Type
|
Partially Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
0.34 Ac |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
100 Ft |
Size Frontage
|
150 Ft |
Size Irregular
|
150 X 100 Ft |
Size Total Text
|
150 X 100 Ft |
Zoning Description
|
R |
https://www.realtor.ca/real-estate/27817248/255-rorke-avenue-temiskaming-shores-haileybury-haileybury