ATTENTION INVESTORS, WANT A MONEY MAKER! This 4000 sq ft multi-unit building commercial space generatesprofitable income. It offers a fantastic investment opportunity for savvy investors looking to expand their portfolio. Thefront space is currently rented to a long-term tenant known as the Gogama Canada Post Office, providing a steady streamof revenue. The building is also known as Gogama Village Inn & consists of a spacious upper living quarter with 4-bedroom (2 ensuites), 3-bathrooms, a large eat-in kitchen and a sunken living room all of which provides ample space forcomfortable living. Additionally, there is a bachelor unit on the main floor currently rented to family member but WILL BEVACANT on closing, so you can set your own rent. Behind the Canada post on the main level youll find another large 2-bedroom, 1-bathroom unit, which has a steady flow of seasonal tenants, and offers flexibility for different rental options.Units are mostly rented to Contractors and miners and hunters on monthly and daily basis and produces great revenuewith Cap Rate of 15%+. Also includes Single det garage & fenced yard. Situated in the serene town of Gogama locatedhalfway between Sudbury and Timmins, this property provides a peaceful escape from the hustle and bustle of city life.Gogama is known for its excellent fishing and hunting opportunities.
Email enquiry to The Agency
Property ID: 310094229663