6 Beds 4 Bath

21 Huron Street, Lambton Shores, ON N0M 1T0

Lambton Shores N0M 1T0 Ontario

MLS: X9300267

$1,250,000

Added 142 days ago | For Sale

Listed by: OLIVER & ASSOCIATES TRUDY & IAN BUSTARD REAL ESTATE

About Property

INVESTORS! 4 cottage complex is situated just a block from the North Beach downtown and is a money maker! 98% occupancy with many repeat clients. The 3 bedroom includes the loft as 3rd bedroom, gas fireplace, cathedral ceiling, 4 piece bathroom with laundry and is the largest unit. The 2 bedroom unit with gas fireplace also includes a loft as a bedroom that kids love. The one bedroom is very cozy & a bachelor apartment are currently rented to year round excellent tenants. All units have appliances, a/c, bbqs, satellite TV, parking spots, 200 amps service & are fully furnished and winterized. A major renovation 18 years ago and more recently - new porches on 1, 2, & 3; replaced interior stairs in 2 & 3; new bathrooms in 2, 3, & bachelor; new kitchen in 2 & studio; upgraded insulation in basement; a new rental water heater/boiler! The boiler heats the two smaller units and is very efficient. Baseboard electric and gas fireplaces heat the larger units. This is a great investment opportunity. Utilities $8891. Rents $1600/1200/ weekly and similar pricing for winter tenants monthly. The two smaller units are $1000 all inclusive monthly.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 81.12 X 38.98
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:Huron at Centre
  • Basement:Unfinished , Unfinished
  • Possession Date:flexible
  • Annual Property taxes: $3979
  • Bedrooms:6
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X9300267

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