2 - 283 MERIDIAN AVENUE, Temiskaming Shores, Ontario
$290,000
- 4 Beds
- 2 Baths
Fully Rented Duplex Exceptional Investment Opportunity!This beautifully renovated duplex is a prime investment, currently generating $1,867.00 in total monthly rent, with a scheduled rent increase to $1,913.68 in July 2025. Both units are in excellent condition, offering modern amenities and tenant-friendly features. Each apartment features 2 spacious bedrooms, a full bathroom, and washer/dryer hookups. Tenants benefit from natural gas heating, on-demand hot water, and radiant electric heat panels in the living rooms. Separate hydro and gas meters ensure individual utility management.A large, shared backyard provides ample outdoor space for relaxation or recreation. Plenty of parking for both units.Fire-inspected and retrofitted in 2015 with new siding, 2-inch foam insulation, windows, facia, and soffits for improved energy efficiency and durability.Rental Income:Apartment A: $893.00/month + utilities and Apartment B: $974.00/month + utilities. This property offers flexibility for both investors and homeowners-live in one unit and let the rental income from the other cover your mortgage! Dont miss out on this turnkey duplex that combines modern living with excellent income potential.Property Code: 332 (id:56241)
- Listing ID: T11931798
- Property Type: Multi-family
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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 2 - 283 MERIDIAN AVENUE in Temiskaming Shores Ontario. It was last modified on January 20th, 2025. Contact us to schedule a viewing or to discover other Temiskaming Shores real estate for sale.