131-133 Whitewood Avenue Temiskaming Shores, Ontario P0J 1P0

$579,800

Large 6 unit income property on a large lot located downtown with 4 residential and 2 commercial units (coin laundromat and tattoo parlor). The three 1 bedroom apartments are fully rented with a monthly income of $2645 (tenants pay hydro). The Tattoo parlor pays $593.25/mo. The total yearly income for these 4 units is $38,040 (total expenses in 2024 were $24903.22 for the building and laundromat). The owner currently resides in the main floor 2 bedroom unit (rent free) which can be rented with or without access to the basement and a large recreation and storage room which can bring in an extra income of approx $15,000/yr and save approx $1200 on hydro costs. All 4 apartments come with a fridge and stove and the two bedroom apartment also comes with bunk beds in the spare bedroom. Some upgrades include a roof (2018), a new boiler (2024), two new windows, ceiling fixtures, etc. Enjoy additional income from the owner operated laundromat which includes: 13 coin operated washers,12 coin operated dryers, additional oversized washer and dryer for the comforter cleaning service, two laundry carts, a bar fridge for beverage sales, a TV, a coin dispenser, 5 vending machines, a dehumidifier, 4 fans, a charging station for electronics, office space, storage space, a washroom and children's play area. Parking for 6. Back yard with a fire pit and seating area. Fire retrofit completed recently. Laundromat income and additional details provided to those with serious inquiries. (id:50886)

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https://www.realtor.ca/real-estate/28354882/131-133-whitewood-avenue-temiskaming-shores-new-liskeard-new-liskeard