3 Meredith, Manitoulin Island, Ontario P0P 1K0
$759,000.00
- 12 bedrooms
- 4 bathrooms
All 12 bedrooms are furnished. Every room is rented. For an investor, that means this property earns its place in a portfolio from the outset, with tenants in place and an established, profitable shared-accommodation operation. Think about what 12 bedrooms in one location could mean for a business that houses crews through an entire project, a employer that needs staff accommodation, or an organization that regularly hosts visiting professionals. For a buyer with hospitality in mind, there’s the possibility of welcoming retreat groups or giving wedding guests a place to spend the weekend together. An extended family might see something more ... read more
All 12 bedrooms are furnished. Every room is rented. For an investor, that means this property earns its place in a portfolio from the outset, with tenants in place and an established, profitable shared-accommodation operation. Think about what 12 bedrooms in one location could mean for a business that houses crews through an entire project, a employer that needs staff accommodation, or an organization that regularly hosts visiting professionals. For a buyer with hospitality in mind, there’s the possibility of welcoming retreat groups or giving wedding guests a place to spend the weekend together. An extended family might see something more personal: a family compound with room for every generation under one roof. The income is already in place. To see how the property could fit your plans, ask the listing team for rental income and operating details and arrange a private viewing. (id:25417)
- Listing ID: 2131362
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 4,051 - 7,250 Sqft |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Fireplace and Forced Air |
| Basement: | Full |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Manitoulin Island |
| Province: | Ontario |
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