8 Bedroom
6 Bathroom
Forced Air
$599,000
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 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:51158)
Property Details
MLS® Number
|
X8071762 |
Property Type
|
Multi-family |
Amenities Near By
|
Place Of Worship |
Parking Space Total
|
12 |
About 554 Lakeshore Rd, Temiskaming Shores, Ontario
This For sale Property is located at 554 Lakeshore Rd Multi-family Other, in the City of Temiskaming Shores. Nearby amenities include - Place of Worship Multi-family has a total of 8 bedroom(s), and a total of 6 bath(s) . 554 Lakeshore Rd has Forced air heating . This house features a Fireplace.
The Second level includes the Bedroom, Bedroom 3, The Main level includes the Bedroom, Bedroom, Bedroom 2, The Basement is Unfinished.
This Temiskaming Shores Other's exterior is finished with Brick, Vinyl siding
The Current price for the property located at 554 Lakeshore Rd, Temiskaming Shores is $599,000 and was listed on MLS on :2024-04-05 17:30:07
Building
Bathroom Total
|
6 |
Bedrooms Above Ground
|
8 |
Bedrooms Total
|
8 |
Basement Development
|
Unfinished |
Basement Type
|
Partial (unfinished) |
Exterior Finish
|
Brick, Vinyl Siding |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Type
|
Other |
Land
Acreage
|
No |
Land Amenities
|
Place Of Worship |
Size Irregular
|
107.42 X 107.96 Ft ; 88.88 Ft X99.69 Ft X127.59 Ft X106.92 Ft |
Size Total Text
|
107.42 X 107.96 Ft ; 88.88 Ft X99.69 Ft X127.59 Ft X106.92 Ft |
Surface Water
|
Lake/pond |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Bedroom |
|
|
Measurements not available |
Second Level |
Bedroom 3 |
|
|
Measurements not available |
Main Level |
Bedroom |
|
|
Measurements not available |
Main Level |
Bedroom |
|
|
Measurements not available |
Main Level |
Bedroom 2 |
|
|
Measurements not available |
Utilities
https://www.realtor.ca/real-estate/26519805/554-lakeshore-rd-temiskaming-shores