ATTENTION INVESTORS, WANT A MONEY MAKER! This 4000 sq ft multi-unit building commercial space generates profitable income. It offers a fantastic investment opportunity for savvy investors looking to expand their portfolio. The front space is currently rented to a long-term tenant known as the Gogama Canada Post Office, providing a steady stream of 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 for comfortable living. Additionally, there is a bachelor unit on the main floor currently rented to family member but WILL BE VACANT on closing, so you can set your own rent. Behind the Canada post on the main level you’ll 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 revenue with Cap Rate of 15%+. Also includes Single det garage & fenced yard. Situated in the serene town of Gogama located halfway 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.Show Description MLS® NumberXH4189842
Laundry LevelShared
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1931
BasementOther, Crawl Space, Unfinished
DrivewayDetached Garage, Asphalt, Gravel
Garage Spaces
HeatBaseboard, Electric
A/C
Heating Fuel
Furniture In All Units, All Appliances Big And Small, Dishes, Linens Etc Too Many To Mention... Comes Fully Furnished
