Attention Builders and Developers! Side-by-side Duplex on a large - 9,128 sq.ft. lot in the lower Lonsdale area. Each side has a separate fully finished basement so this is effectively a 4plex. Long term tenants in place on a month to month rent which allows for redevelopment or long term holding. Gross rents are over $56,640 per annum so this is a great HOLDING property. This is adjacent to the Moodyville redevelopment area that is undergoing zoning changes and density bonuses. EXCELLENT HOLDING PROPERTY or BUILD YOUR 3PLEX. 24 hrs. notice required for showing. Where else can you get this size lot, with this income and this potential, at this price?! A rare offering.
|MLS® #||R2097945||Taxes||$7,011 / 2016|
|Maintenance Fees||-||Property Type||Duplex|
|Dwelling Type||Rancher/Bungalow w/Bsmt.||Home Style||Rancher/Bungalow w/Bsmt.|
|Year Built||1958||Fin. Floor Areas||3648|
Listed by Angell Hasman & Assoc.Rlty.Ltd