22823 HWY 7, Central Frontenac home/condo for sale | X8323376

Photos

Video

Property Description

Welcome to the epitome of investment opportunity in the heart of Silver Lake's bustling landscape. Nestled just across the highway, this property offers an unrivaled location boasting panoramic views of the shimmering lake, igniting visions of endless possibilities. Formerly operating as a thriving restaurant and motel, it has seamlessly transitioned into the renowned Silver Lake Motel, a fully rented haven with 18 meticulously designed units. From cozy cabins to spacious living quarters, each unit is a testament to comfort and convenience, featuring private bathrooms, kitchenettes, and living areas. The main building houses 7 units, while 3 self-contained cabins and 8 units in the back cabins provide versatile accommodation options. With a consistent monthly gross income of $14,500 and a range of rental rates catering to diverse needs, this property has lots of potential. Encompassing communal amenities such as a pool table, pinball machine, and laundry facilities, it fosters a vibrant community atmosphere. Embrace the allure of Silver Lake living and seize this unparalleled investment opportunity today. (id:26452)

House located at 22823 HWY 7. It has 8.00 beds, 3.00 bathrooms, and is 2750 square feet. 22823 HWY 7 is in the Central Frontenac neighborhood. Central Frontenac , 45 - Frontenac Centre , and 01 - Rideau-St. Lawrence are nearby neighbourhoods.

Listed by: KELLER WILLIAMS COMPLETE REALTY

Property Description

Here to help with your Real Estate inquiries

Message successfully sent!