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ID: 72409
MLS ID: 24656241
MLS Nubmer: 10258938
description: Excellent investment opportunity!! Over $6000 / month in potential revenue from 5 different rental units. Don't miss out on your chance to own one of six C1 zoned lots in Lavington. With Lumby booming and businesses flourishing in the area it will be easy to maximize your potential out of this investment. Great opportunity to live and work on site. Bluenose Mountain Deli Restaurant tenant paying $1200 / month and would love to stay long term. 3 X 1 bed / 1 bath nicely updated apartments will be vacant by October 1 (family moving out) and could reasonably fetch $1200 - $1400 each. These units have updated counters, flooring, some cabinetry, and have been well cared for. There is also a detached shop that used to have a garage door and is still framed for one. This could be rented out as storage, mechanic shop, woodworking shop, manufacturing, etc. 200 amp service that feeds the apartments is pulled to shop and 100 amp panel in shop. Each apartment has their own panel as well. Seperate 200 amp service to the restaurant and tenant pays this bill. Seller spent $70,000 on a new septic system in 2020. Furnace new in 2020. A/C unit for the restaurant 2021. Torch on roof is 12 years old.
address: 6342 HWY 6
postal code: V2A8G7
city: Lavington
latitude: 50.23583100
longitude: -119.10867100
constructed_date: 1960
type: House
sub_type: Single Family
size_interior: 3620 sqft
size_total: 0.34 ac|under 1 acre
bedrooms: 3
bathrooms: 3
heating_type: Forced air, Heat Pump, (Natural gas)
cooling_type: Heat Pump
storeys: 2
basement_type: Full (Finished)
parking_type: Carport (1), Detached Garage
parking_space_total: 11
storage: Storage Shed
structure: Workshop, Shed
features: Visual exposure
community_features: Rural Setting
amenities_near_by: Golf Course, Ski hill, Schools