21 HURON STREET, Lambton Shores, Ontario
$1,250,000
- 6 Beds
- 4 Baths
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:56241)
- Listing ID: X9300267
- Property Type: Single Family
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Listing provided by OLIVER & ASSOCIATES TRUDY & IAN BUSTARD REAL ESTATE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 21 HURON STREET in Grand Bend Ontario. It was last modified on September 5th, 2024. Contact us to schedule a viewing or to discover other Grand Bend homes for sale.