OLIVER & ASSOCIATES TRUDY & IAN BUSTARD REAL ESTATE

$1,250,000

21 HURON STREET, Lambton Shores, Ontario

6 Bedrooms

4 Bathrooms

Property

MLS® Number: X9300267

Address: 21 HURON STREET

City: Lambton Shores

Exterior: Vinyl siding

Utilities

Heating: Hot Water Radiator Heat

Parking

Parking Spaces: 4

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:52316)

Property Sale History

Travel and Neighbourhood

Somewhat Walkable

Location

Amanda Clark
Amanda Clark

Sales Representative

RE/MAX Escarpment

Contact Amanda Clark