554 LAKESHORE ROAD, TEMISKAMING SHORES

2024-04-19
 

Quick Summary

Location
554 LAKESHORE ROAD, TEMISKAMING SHORES, Ontario P0J1P0
Price
$599,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2999ft2
Bedrooms:
8
Bathrooms:
6

MLS®#X8071762

Property Description

Welcome to this exceptional residential property boasting six self-contained units, each equipped with six appliances including a Fridge, Stove, Washer, and Dryer. The rental terms are all-inclusive, covering both heat and hydro for added convenience. The property features two efficient natural gas forced air furnaces and three hot water tanks to ensure optimal comfort. Currently, all apartments are occupied, except for the spacious three-bedroom unit, which is currently utilized as an AirBnB, generating revenue at a rate of $250 per night, when in use. This presents a lucrative opportunity for potential buyers seeking both immediate rental income and the potential for continued short-term rental success. Don't miss out on the chance to own this income-generating residential property with a mix of long-term and short-term rental possibilities. **** EXTRAS **** Annual Expenses: Heating is $3,840, Water is $6,066, Hydro is $9,000 and Insurance is $4200. Property taxes include the cost of water/sewer ($6,066) and the total cost is $10,021. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Place of Worship

Building

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Basement Development: Unfinished
  • Basement Type: Partial (Unfinished)
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace: No
  • Interior Size: 2999.975 - 3499.9705 sqft
  • Building Type: Other
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 107.4 x 108 FT ; 88.88 ft x99.69 ft x127.59 ft x106.92 ft|under 1/2 acre
  • Sewer: Sanitary sewer

Zoning

  • Description: C, R

Information entered by THE AGENCY
Listing information last updated on: 2024-09-17 03:34:19


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$500,000

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