554 LAKESHORE ROAD, Temiskaming Shores, Ontario, CA

Address: 554 LAKESHORE ROAD, Temiskaming Shores, Ontario

8 Beds6 Baths0 sqftStatus: Buy
Price $599,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Other
Storeys
2
Land Size
107.42 x 107.96 FT ; 88.88 ft x99.69 ft x127.59 ft x106.92 ft|under 1/2 acre
Building
Bedrooms
Above Grade
8
Bathrooms
Total
8
Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer
Basement Type
Partial (Unfinished)
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Type
Cable(Available)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Parking
Total Parking Spaces
12
Land
Other Property Information
Zoning Description
C, R
Features
           Dryer            Refrigerator            Stove
           Washer
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Your Home Finance Calculation

Property Price CA $599,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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