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554 Lakeshore Road Timiskaming, Ontario P0J 1P0

8 Bedroom 3087
Forced Air

$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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