$1,349,700

7702 Clayton Street

Port Franks ON, N0M 2L0

Description

PORT FRANKS VALUE ALERT - TOTAL RENOVATION/REBUILD PROVIDING AN INCREDIBLE FAMILY COMPOUND: With 8 bedrooms, 7 bathrooms, & 6 kitchens across 7 total units, this one-of-a-kind property is the definitive opportunity of 2021 to live for free at the beach w/ incredible B&B income! It's like getting 4 or 5 houses for the price of 1 just steps to the river & beach in a secluded & serene location featuring premium landscaping, ample parking for extended family or guests, max privacy bordered by mature woods, & rental income that is literally second to none within this price range. This cash cow, as it stands today, earns well in excess of six figures each season, rental income that is achieved w/ a large unfinished space (more bedrooms for primary unit) & the 'spa' unit being under renovations. Case in point, you'll be achieving this level of income, as-is, w/ the FULL financial potential of this property yet to be realized! In addition to covering your mortgage & expenses, you'll also be making a decent living. Windows, doors, 2 new furnaces, steel roofing, flooring, walls, sauna & hot tub, ceilings, LED lighting, bathrooms, kitchens, 7 fireplaces, quartz counters-this multi unit residential complex has undergone the upgrades of 5 houses combined in the last 2 yrs w/ electrical & plumbing permits completed. The 2 buildings even have their own hydro, gas, & water services-a legit 2fer & ideal for working at home! This property, w/ its endless spaces & incredible income is unlike any other cottage property I have ever had the pleasure of listing for sale! I'm almost ready to quit my job & buy it. Step into a situation where you & your family can live the simpler life at the lake, away from the craziness & just a 2km bike ride to a top 10 beach in Port Franks. With nonstop 5 star reviews on all of the major platforms & frequent celebrity guests, the arduous journey of building priceless brand equity is done! You simply get to continue the legacy. Time to start a new life!

Details

MLS#40091461
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site8

Features

Bed(s)8
Bath(s) 7 Total
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Area Information
ProvinceON
CountyLambton
CityPort Franks
Postal CodeN0M 2L0
AreaLambton Shores
Elementary SchoolGrand Bend (16KM) | Forest (19KM
Listing VS Median (in N0M 2L0)
Price:
$1,349,700
low | high
Med:
$674,000
100% of Average
On Site:
8
low | high
Med:
30.5
26.229508196721% of Average
Sourced by Back At You
Listing Updated: April 12, 2021 8:00:38 PM PDT
MIKE SLOAN LogoMLS Number: 40091461
Listing Provided By:
MIKE SLOAN  of  ROYAL LEPAGE TRILAND REALTY
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