property-description
210 Arlberg Crescent represents a prime investment opportunity, currently leased until December 2025 to Blue Mountain Resorts Ltd for staff accommodation. Completely renovated in 2018, including new plumbing, wiring, and mechanicals. Conveniently located within walking distance of The Blue Mountain Village. Boasting 11 bedrooms, 2 kitchens, 2 living areas, exterior decks, and dedicated laundry facilities, this spacious property accommodates up to 22 staff members comfortably. Spread across 3700 square feet, with ample parking space. For investors seeking versatility, this property presents an enticing opportunity. With a zoning designation of STA, there's potential for repurposing into two separate units, comprising a 6-bedroom and a 5-bedroom layout, ideal for lucrative AirBnB ventures. Investors can anticipate a steady return on investment, with an annual rent increase of 2% slated for November 2024, ensuring continued financial growth. Current Net Operating Income Approx $10,250/ month (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $4,021Last Updated
: Fri, May 17, 2024Mls Num
: 40585966Listing Date
: May 9, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.100Sq Ft Raw
: detailsSection.sqftSub Division
: Blue Mountains
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Heating
: Forced air, Natural gasBasement
: Finished, Full
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Acreage
: 0
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Sewer
: Municipal sewage system
detailsSection.headers.other
Parking Features
: Visitor ParkingExterior Features
: Stucco
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