MOTIVATED SELLER- PRICE DROP OF ALMOST $100,000 WITH REALTOR BONUSES IF OFFER BROUGHT BEFORE 22ND OF JULY 2019. Text 519-619-5337 for all details
|Welcome to the BEACH HOUSE! This freshly renovated 6-Unit Investment Property features 4 commercial units on the main floor and 2 very large luxury 3 bedroom residential units on the upper 2 floors, with lake views from the exterior deck (as well as harbour views from the 3rd level). Bigger than it looks, this property has over 11 useable rooms and 6 bathrooms. It even has its own parking lot right on the Port Stanley Strip where parking is a hot commodity. One of commercial units is currently rented, and the other 3 have just finished renovations. The two upper luxury 3 bedroom apartments (each with laundry) have been used as personal weekend get-away spots for the owner and rented on AIRBNB to generate additional income at over $1500/week each! Live in luxury right on the strip, open the store of your dreams in the summers and let the other units pay your mortgage! Appraised at $800,000 with a cap rate of 7.5 on potential income (full appraisal report avail upon request).|
This listing serves as an amazing investment for anyone looking for properties in the Port Stanley Area. This home comes with 3 commercial units, and is a perfect way to live at home with your business! With a walking distance from the beach, you can’t afford to miss out on this amazing opportunity.
3 residential units with income, one is long term and 2 are airbnb/short term availability!
Interested in this property?Inquire Now!