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. (id:4555)
PROPERTY SPECS
Listing ID X9300267
Address 21 HURON STREET
City Lambton Shores (Grand Bend), ON
Price $1,250,000
Bed / Bath 6 / 4 Full
Construction Vinyl siding
Land Size 81.1 x 39 FT
Type Fourplex
Status For sale
EXTENDED FEATURES
AppliancesWindow CoveringsBasementN/ABasement DevelopmentUnfinishedParking4EquipmentWater HeaterFeaturesFlat siteRental EquipmentWater HeaterStructureDeckBuilding AmenitiesFireplace(s)CoolingWall unitFoundationConcrete, WoodHeatingHot water radiator heatUtility WaterMunicipal waterDate Listed2024-09-05 16:03:24Days on Market57Parking4