495-497 Ferguson Ave Temiskaming Shores, Ontario P0J 1K0

13,809 ft2
Partially Air Conditioned

$4,200,000

Welcome to Renaissance Place! Take advantage of this considerable investment opportunity in Temiskaming Shores. This 27-unit multifamily offering was finished in 2015. 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. If you've been looking for a stable turn-key investment opportunity, this one's for you!**** EXTRAS **** Well maintained offering at 6.55% CAP rate. Centrally located in downtown Haileybury and close to all amenities. Plenty of parking & access to winter plugs. (id:26892)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X6649380
Property Type Multi-family

Building

Cooling Type Partially Air Conditioned
Size Interior 13,809 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular 78 X 157 Ft ; Irreg, Multi Parcel
Size Total Text 78 X 157 Ft ; Irreg, Multi Parcel

https://www.realtor.ca/real-estate/25809577/495-497-ferguson-ave-temiskaming-shores

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