40 FATHER COSTELLO Dr
Timmins, P0N 1G0
FOR SALE
$250,000
Sold
$230,000
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BEDROOMS0
BATHROOMS0
KITCHENS0
ROOMST9339019
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2016-05-30 | 2016-07-26 | 60 | $250,000 | $230,000 | Sold |
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Property Description
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 With 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
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