554 Lakeshore Road, Temiskaming Shores | Image 1

554 Lakeshore Road

Temiskaming Shores

  • 8 bed 6 bath 3000 sqft
$599,000 est.*: $2,029/mo
For Sale

Added 2 months ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 3000 sqft

  • Lot Size: 107.42 x 107.96 Feet

  • Age: 51-99 years

  • Taxes: $10,021 per year

  • Days on Site: 54 Days

  • Added: Feb 12, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8071762

  • Listed By: The agency

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.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 3000

  • Age: 51-99

  • Area: Temiskaming Shores

  • Availability Date: Flexible

  • Assessment Year: 2023

Inside

  • Bedrooms: 8

  • Bathrooms: 6

  • Kitchens: 6

  • Rooms: 6

  • Den/Family Room: Yes

  • Air Conditioning: Other

  • Fireplace: No

  • Laundry Level: Main

  • Washrooms: 6

Utilities

  • Cable: Available

  • Telephone: Available

Building

  • Basement: Part Bsmt

  • Basement 2: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 12

  • Total Parking Spaces: 12

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 1378 SEC SST; LT 56 PL M37NB BUCKE; LT 57 PL M37NB BUCKE; LT

  • Taxes: $10,021

Highlights

  • Feature: Golf

  • Feature: Lake/Pond

  • Feature: Place Of Worship

Land

  • Cross Street: Browning Street

  • Municipality District: Temiskaming Shores

  • Fronting On: West

  • Parcel Number: 613500235

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 107.96 Feet

  • Lot Frontage: 107.42 Feet

  • Lot Irregularities: 88.88 Ft X99.69 Ft X1

  • Acres: < .50

  • Zoning: C, R

Rooms

Room details for 554 Lakeshore Road, Temiskaming Shores

Type Dimensions
Br Main -
Br Main -
2nd Br Main -
Br 2nd -
3rd Br 2nd -
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Somewhat Walkable

  • Some errands can be accomplished on foot.
57 /100

Somewhat Bikeable

  • Most errands require a car.
31 /100
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