Welcome to Lakeview Lodge! VERY nicely kept and renovated property with an actual return of 6% cap rate return on existing income with seasoned rents and established leases. Two structures: front building=three 2 bed/1 bath; back building=3/2 downstairs + HUGE 1/1 upstairs. Nicest property on the block, well maintained by the owner with excellent potential—possible Bill 7 re-development (*buyer to do its own due diligence) and nice cash flow while you wait for permits! All units have been updated and show nicely and are separately metered for electric with each unit having its own washer/dryer, making all units more attractive to renters.
Listing courtesy of Commercial Inv. Strategies. Selling Office: Non-MLS.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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