$669,900
FOR SALE

Multiplex Bungalow

Lot: 100 x 0 ft

48 Nature Line
Lowbanks, ON N0A 1K0

TWO HOMES FOR THE PRICE OF ONE!! Very affordable country/lake living is here! Please read to the end - so many options!!... Two renovated year round homes with ROW access to Lake Erie waterfront on one 0.36 acre lot. House 1~ Unit 48A is vacant - 942 sq ft 2 bedroom & has been reno'd from the studs - new windows & doors, siding, flooring, drywall, new 100-amp electrical panel, plumbing, kitchen, bathroom, light fixtures, SS appliances, inc dishwasher & island, gas fireplace & laundry hook-ups. All brand new exterior decks. Original holding tank & cistern here, as well as metal roof. Unit 48B is currently tenanted at $1350 per month. New carpeting in bedrooms, new flooring in main area, It is 550 sq ft with 2 bedrooms, cool cathedral ceilings & faux brick wainscoting, Fresh paint throughout, incs laundry hook ups & features a unique upper loft. Each unit has a separate laneway & parking. Gorgeous mature treed chainlink fence on one side. OPTIONS: 1. Live in one & let the tenant help with the mortgage! 2. Rent both out to year round tenants, or as a lucrative air bnb. 3. Buy with a family member/friend and everybody has their own place with lots of space ($340,000 each sounds pretty affordable!) 4. Potential to sever into two parcels - and then sell them! GREAT INVESTMENT HERE! GET YOUR FOOT IN THE REAL ESTATE GAME! (id:47421)
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Listed By RE/MAX Escarpment Realty Inc.
Data Provided By REALTORS® Association of Hamilton-Burlington
MLS® Listing Number H4184994
Last Updated Jun 01, 2024
Property Summary
Property Type Multiplex

More like this:
Use Residential
Price History

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Detailed Information
Lot 100 x 0 ft
Amenities Nearby Golf Course, Hospital, Marina, Recreation, Schools
Community Features Quiet Area, Community Centre
Equipment Propane Tank
Features Park setting, Park/reserve, Golf course/parkland, Beach, Double width or more driveway, Crushed stone driveway, Level, Country residential
Listing Contract Date 2024-02-08
Location Description RURAL
# of Parking Spaces 10
Property Type Multi-family
Rental Equipment Propane Tank
Storage Holding Tank
Structures Shed
Transaction Type For sale
Waterfront Type Waterfront nearby
Business
Business Type Residential
Business Subtype Residential
Building
Appliances Dishwasher, Microwave, Refrigerator, Stove, Range
Architectural Style Bungalow, Multi-Unit
Basement Development Unfinished
Basement Type Crawl space (Unfinished)
Constructed Date 1960
Construction Style (Attachment) Detached
Exterior Finish Vinyl siding
Fire Protection Smoke Detectors
Fireplace Fuel Propane
Fireplace Present Yes
Fireplace Type Other - See remarks
Foundation Type Block
Heating Fuel Electric, Propane
Heating Type Baseboard heaters, Radiant heat
Stories Total 1
Size (Exterior) 1501 square feet
Type Apartment
Utility Water Cistern
Parking Spaces
Name Spaces
Gravel
No Garage
Land
Total Size 100.3x89.3x9.19x97.83x99.41x97.83x18.38x47.69 | under 1/2 acre
Access Type Water access
Amenities Golf Course, Hospital, Marina, Recreation, Schools
Sewer Holding Tank
Size of Irregular Land 100.3x89.3x9.19x97.83x99.41x97.83x18.38x47.69
Soil Type Clay
Open Houses
Date & Time Comments
01/06/2024 2:00 PM - 4:00 PM

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