119 Thompson Lane, Southampton
- Bedrooms: 10
- Living area: 2000 square feet
- Type: Commercial
- Added: 19 days ago
- Updated: 6 days ago
- Last Checked: 6 hours ago
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. Every 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:1945)
Property Details
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Stories: 1
- Exterior Features: Wood
- Foundation Details: Poured Concrete
- Construction Materials: Wood frame
Interior Features
- Basement: Unfinished, Crawl space
- Living Area: 2000
- Bedrooms Total: 10
- Above Grade Finished Area: 2000
- Above Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Other
Exterior & Lot Features
- Lot Features: Paved driveway
- Water Source: Municipal water
- Parking Total: 8
Location & Community
- Directions: From Downtown Southampton by the Post Office north on Grosvenor street one block to Thompson Lane the left to 119 Thompson Lane.
- Common Interest: Freehold
- Subdivision Name: Saugeen Shores
- Community Features: Quiet Area
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Tax Annual Amount: 5171.78
- Zoning Description: R1-3
Additional Features
- Number Of Units Total: 5
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