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Vacant 12-Unit Multi Residential Investment In Timmins On. (8X1Br, 2X2Br, 1X3 Br) Located On The Lake & Next To The Hospital. Suffered A Small Fire In Winter 2021/2022. This Offering Is Half Block, Half Frame. Fire Damaged Units Are Two 2-Bedroom Units, With Three Additional Units Having Smoke & Water Damage. Local Appraisals To Fully Repair All Suites Estimate $500,000. Valuation Of Completed Property Is Estimated To Be $1.5M At 5% Cap. There Are Three Addtl Storage Sheds 15X20 Each, Not Accounted For In Pro Formas.**** EXTRAS **** Option Of 1 Year Vtb 1st Or 2nd Position To Qualified Applicants Only. (id:24093)
Listed by GRAHAM FREDERICK ALLOWAY of REALAWSTATE REALTY BROKERAGE

Property Details of 177 Lakeshore Road

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"Based on information submitted to CREA as of May 19, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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