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40 Father Costello Dr

Father Costello Dr, Schumacher, Timmins, ON, P0N 1G0

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Beds
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$XXX,XXX
Details
Photos
0
Comparables
History

THREE STORY HOTEL ON BUSY STREET IN SCHUMACHER, ON. THE BAR IS ON THE FIRST FLOOR. THERE ARE 9 ROOMS ON THE SECOND FLOOR THAT RENT FOR $400-425 MONTH W/ COMMON BATHROOMS. ON THE THIRD FLOOR, THERE IS A MASSIVE APARTMENT THAT RUNS THE LENGTH OF THE BUILDING. IT HAS 5 BEDROOMS & 2 BATHROOMS. IT WOULD MAKE A GREAT LIVING QUARTER FOR A NEW...

THREE STORY HOTEL ON BUSY STREET IN SCHUMACHER, ON. THE BAR IS ON THE FIRST FLOOR. THERE ARE 9 ROOMS ON THE SECOND FLOOR THAT RENT FOR $400-425 MONTH W/ COMMON BATHROOMS. ON THE THIRD FLOOR, THERE IS A MASSIVE APARTMENT THAT RUNS THE LENGTH OF THE BUILDING. IT HAS 5 BEDROOMS & 2 BATHROOMS. IT WOULD MAKE A GREAT LIVING QUARTER FOR A NEW OWNER/OPERATOR OR IT COULD BE USED AS A RENTAL UNIT. WITH THE APARTMENT RENTED AT $1200 MONTH & THE 9 ROOMS AT $400/MONTH, THIS PROPERTY HAS A GROSS POTENTIAL INCOME OF $57,600/YEAR WITHOUT COUNTING ANY INCOME FROM THE MAIN FLOOR BUSINESS. THE BAR IS STILL VERY ACTIVE. THE LISTING AGENT HAS 2 YEARS OF FINANCIALS ON FILE FOR SERIOUS BUYERS. SELLER IS WILLING TO CARRY SOME FINANCING FOR A SUITABLE BUYER

Property Details

Parking

6 Parking Spaces
None

Build

Year Built
-
Model Name
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Basement
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Exterior
Brick, Metal/Side
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Utilities

Water
-
Sewer
Sewers

Ownership Details

Ownership

Title
Freehold
Zoning
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Taxes

Property Tax Year
-
Property Tax Amount
$6,089

Source

Listing Brokerage

MLS® Listing
T9339019
Last Updated
September 13, 2024
Brokerage
REALTY NETWORKS INC., BROKERAGE
Call us 800-591-0566

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        $XXX,XXX
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          Sold Listing
          Get verified. Local real estate boards require email verification.
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                  Sold Listing
                  Get verified. Local real estate boards require email verification.
                  30 Father Costello Dr
                  $XXX,XXX
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