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MLS® ID: 30756089

5 FAIR Avenue

Grimsby, Ontario, L3M2A3

$749,900 Active
  • 4 Beds
  • 2 Baths
  • 1950 SQFT
Investment property currently generating $31,200/yr in rental income located in the heart of Grimsby's Exclusive Historic Beach Community. Duplex with 2 two bedroom units both rented at $1,300/mo. Treed double lot 100'x100'. The ground work has been done to help take advantage of the potential value in this piece of property, the town has agreed that the highest and best use would be "3" single residential building lots. The vendor will assist in providing any information and research that has gone into talks with the town to lead to this recommendation. 3 single family residential (33' x 100') lots with potential for a detached garage." Located one minute from the QEW at Bartlett exchange. Secure your investment with this location's appreciation, offering value through development. Please allow 24 hrs (or more) notice for showings. (id:18098)
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Listing courtesy of MCGARR REALTY CORP, BROKERAGE

Amenities

  • Postal
    L3M2A3
  • SQFT
    1950
  • Bedrooms
    4
  • Full baths
    2
  • Property type
    House
  • Sewer
    Municipal sewage system
  • Heating
    Forced air
  • Agent name
    RANDALL HART
  • Price Range
    $700k-$800k
  • Bedrooms Range
    4 Beds
  • Full Baths Range
    2 Baths
  • Square Feet Range
    1500-2000 sq ft.
  • Total Baths
    2
  • Brokerage
    MCGARR REALTY CORP, BROKERAGE
  • Office ID
    75340
  • Agent ID
    1501155

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