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119 THOMPSON LANE Saugeen Shores

119 THOMPSON LANE, Saugeen Shores

$1,299,000

  • 10
2,000 Square Feet
Nestled in the heart of charming Southampton, this exceptional five-cottage court presents a rare investment opportunity. The property boasts a recently renovated home and four two bedroom, virtually all-new cottages, all built within the last five years. Each residence features a new poured concrete foundation with a four-foot crawlspace, ensuring durability and peace of mind.\r\nEvery cottage is equipped with natural gas forced air heat and central air conditioning, providing optimal climate control and energy efficiency. Additionally, each unit has its own on-demand gas water heater. (Technically speaking: IBC SFC 199 SUPERFLO combo Boilers. IBC AHU 800 air handlers. Continental CT13 air-conditioners).The property also features a spacious, paved parking lot and a convenient laundry building with two stackable gas washers and dryers (Whirlpool- WGT4027HW). This low-maintenance property is perfect for investors seeking hassle-free management operated offsite, and its existing, reliable, long term tenants ensure steady rental income. The tranquil atmosphere and ideal location make it a desirable place to live, with Southampton's vibrant downtown core and stunning main beach just a stone's throw away. If you're seeking a long-term investment property with unparalleled potential, look no further. This cottage court offers a unique combination of modern comforts, prime location, and lucrative returns. Don't miss this exceptional opportunity! Be sure to click on the MULTIMEDIA or VIRTUAL TOUR BUTTON below! (id:45839)
  • Listing ID: X10846723
  • Property Type: Business
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Details

  • Parking Spaces: 8
  • Structure: Porch
  • Transaction: For sale
  • Zoning Description: R1-3

Building

  • Appliances: Dryer, Refrigerator, Stove
  • BasementType: Crawl space (Unfinished)
  • Basement Development: Unfinished
  • Cooling: Central air conditioning
  • Exterior Finish: Wood
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2000 sqft
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Irregular: Unit=119.16

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    This property for sale is located at 119 THOMPSON LANE in Saugeen Shores. It was last modified on December 11th, 2024. Contact Christine Smith to schedule a viewing or to discover other Saugeen Shores properties for sale.

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