107 York St, Longlac, Ontario P0T 2A0

Listed for:
$299,000
0 beds
0 baths
Listed 224 days ago
107 York St, Longlac, Ontario P0T 2A0

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Learn more about this property
Listing provided by:
ROYAL LEPAGE LANNON REALTY
MLS® number:
TB232766
Agent:
Enzo Ruberto
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About

Off Hyw 11- right onto forestry - right onto York- One Block- Center of Longlac *3-INVESTMENT OPPORTUNITIES*- Laundromat+2 Rental Units+Huge Vacant 20 Unit DEVELOPMENT PROPERTY perfect for Building Rental Units in Fast Growing Greenstone.*Over $40k in Income Not including Land* shingles 10 years, furnace, boiler, holding tank,5 years, vacant lot had a 22 unit apartment building situated downtown Longlac, Utilities vary depending on how busy the laundromat is. Apartment rentals are $1200 for 3 bedroom unit and $750 for small apt. Also 20 ft x 16ft garage and a 30x10 storage shed. Only laundromat in Greenstone *Over $40k in Revenue Not including Land* Call LA 24/7 ANYTIME for Details (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Natural gas
Fireplace
No
Construction material
Brick, Siding
Parking space
Ownership Type
Amenities nearby

Location

Summary

Here is an exciting investment opportunity that includes a laundromat, two rental units, and a large vacant property with the potential to build 20 rental units. This property is located in the fast-growing area of Greenstone and has the potential to generate over $40,000 in income, not including the value of the land.

The property features a laundromat, which is the only one in Greenstone, and brings in varying utility costs depending on its usage. Additionally, there are two rental units, with a three-bedroom unit renting for $1200 and a smaller unit renting for $750. The property also includes a 20ft x 16ft garage and a 30x10 storage shed.

The vacant property, which previously had a 22-unit apartment building, is situated in downtown Longlac. The building itself has shingles that are 10 years old, a furnace, boiler, and holding tank that are 5 years old. This property presents an excellent opportunity for development in a rapidly growing area.

If you are interested in learning more about this investment opportunity, please feel free to contact the listing agent 24/7 for further details. This property is located at 107 York St. in Longlac, Ontario, with a postal code of P0T2A0. The building has a brick and siding exterior finish and uses natural gas as its heating fuel, with a boiler as the heating type.