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255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores
  • 255 RORKE AVENUE Temiskaming Shores

255 RORKE AVENUE, Temiskaming Shores, Ontario

$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:23309)

  • Listing ID: T11929952
  • Property Type: Multi-family
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Details

  • Transaction: For sale
  • Zoning Description: R

Building

  • Cooling: Partially air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 0.34 ac
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 150 ft
  • Size Irregular: 150 x 100 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 255 RORKE AVENUE in Temiskaming Shores Ontario. It was last modified on January 17th, 2025. Contact Sharli Esson Gordon to schedule a viewing or to discover other Temiskaming Shores real estate for sale.

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