4
See all 4 photos
$599,000
Est. payment /mo
8 BD
6 BA
2,999 SqFt
Active
554 LAKESHORE ROAD Temiskaming Shores, ON P0J1P0
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,999 sqft
Price per Sqft $199
MLS® Listing ID X8071762
Bedrooms 8
Originating Board Toronto Regional Real Estate Board
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:24570)
Location
Province ON
Rooms
Extra Room 1 Second level Measurements not available Bedroom
Extra Room 2 Second level Measurements not available Bedroom 3
Extra Room 3 Main level Measurements not available Bedroom
Extra Room 4 Main level Measurements not available Bedroom
Extra Room 5 Main level Measurements not available Bedroom 2
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 12
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by THE AGENCY
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