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554 Lakeshore Road Temiskaming Shores, Ontario P0J 1P0

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:48469)

Property Details

MLS® Number X8071762
Property Type Multi-family
Amenities Near By Place Of Worship
Parking Space Total 12

Building

Bathroom Total 6
Bedrooms Above Ground 8
Bedrooms Total 8
Appliances Dryer, Refrigerator, Stove, Two Washers, Two Stoves, Washer
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
Utility Water Municipal Water

Land

Acreage No
Land Amenities Place Of Worship
Sewer Sanitary Sewer
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|under 1/2 Acre
Surface Water Lake/pond

Rooms

Level Type 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

Cable Available

https://www.realtor.ca/real-estate/26519805/554-lakeshore-road-temiskaming-shores

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