554 Lakeshore Road Timiskaming, Ontario P0J 1P0
$649,000
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 gasforced 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 AirB&B, generating revenue at a rate of $250 per night, when in use. This presents a lucrative opportunity for potential buyersseeking both immediate rental income and the potential for continued short-term rental success. Don't miss out on the chance to own this income-generatingresidential property with a mix of long-term and short-term rental possibilities. (id:53047)
Property Details
| MLS® Number | 40541599 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Nearby, Place Of Worship, Schools, Shopping |
| ParkingSpaceTotal | 12 |
Building
| BedroomsTotal | 8 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructedDate | 1958 |
| ExteriorFinish | Brick, Vinyl Siding |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 3087 |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Golf Nearby, Place Of Worship, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 108 Ft |
| SizeFrontage | 107 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | C, R |
https://www.realtor.ca/real-estate/26519525/554-lakeshore-road-timiskaming
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February 15 2024 10:07:51
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