Address: 10787 Highway 17 East
City/Community: Wabigoon
Price: $179,900
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Listing Number: RR 418
MLS: 180376
Possession: Negotiable
Legal: LTS 8 TO 25, BLK 4, PL M36, EXCEPT THE MRO LT 12-21, EXCEPT LT32732; DISTRICT OF KENORA
Community: Wabigoon
Property Type: Multi-unit Residential
Zoning: Unorganized
Status
  • Active

Description
Business Type: Multi-unit Residential
Full Description: Former Cedar motel in the heart of Wabigoon that has been converted to multi-unit residential. Consisting of four 230 sq. ft. bachelor units with kitchenettes that are rented out, with two more bachelor units currently under renovation and two 928 sq. ft. two bedroom units that are also rented out. Property has been recently severed from main property fronting on Highway 17 East and has a new driveway into the parking lot from Shady Lane. Excellent current cash flow and lots of potential with its proximity to the Goliath Gold project. One of the owners who currently rents one of the units would be willing to discuss staying on in the capacity of property manager. Due to property being recently severed it has no MPAC assessment at the time of listing.
Property Details
Rental/Lease
  • no

Style: Multi-unit
Year Built: 1956
Total Sq. Ft.: 3,744
Lot Dimensions: 260'X224.8'
Area: 1.33 acre
Heat System: Electric Baseboard
Heat Fuel: Electric
Electrical: 2 X 200 Amp
Water Service: Drilled Well
Water/Sewer System: Septic with Tile Bed
H/W Tank Info: Rented Electric (X2)
Basement: Full Partially usable
Road Surface: Paved
Driveway Surface: Gravel
Viewing: By Appointment
Dimensions
Residential Sq. Ft.: 3744
Floor Plans
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Listed by Scott Coffey | Phone: (807) 223-3245 | Fax: (807) 223-5188 Mobile: (807) 216-8558

The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. The prospective buyer should carefully verify the items of income and expense and all other information contained herein.


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