Bathrooms27 | Bedrooms37 |
Property TypeMulti-family | Building Area24500 |
Welcome to Renaissance Place! Take advantage of this considerable investment opportunity in Temiskaming Shores. This 27-unit multifamily offering was finished in 2015, and is being offered at a 6.55% CAP Rate. The building features a FOB entry system, high efficient LED light fixtures and gas boilers. All suites have stainless steel appliances and coin laundry is onsite located in each basement. This property is fully occupied with high demand for tenancies and average turnover with rental increases. There is continued need for labour in the forestry, mining & support services, which ensures no end to the list of high-quality tenants looking for housing in the north. Centrally located in downtown Haileybury and close to all amenities. Plenty of parking & access to winter plugs. If you've been looking for a stable turn-key investment opportunity, this one's for you! (id:42512) |
Amenities NearbyShopping | Community FeaturesHigh Traffic Area |
FeaturesLaundry- Coin operated | OwnershipFreehold |
Parking Spaces26 | TransactionFor sale |
Zoning DescriptionR4-14, C1A |
Basement DevelopmentFinished | BasementFull (Finished) |
Construction MaterialWood frame | CoolingWindow air conditioner |
Exterior FinishWood | Fire ProtectionUnknown |
Bathrooms (Total)27 | HeatingHot water radiator heat |
Size Interior24500.0000 | Storeys Total2 |
Utility WaterMunicipal water |
Size Frontage78 ft | AmenitiesShopping |
SewerMunicipal sewage system | Size Depth157 ft |
Listing Office: Catalyst Real Estate Brokerage Ltd.
Data Provided by The Lakelands Association of REALTORS®
Last Modified :25/09/2023 10:41:34 AM
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