Fully approved triplex development site for sale. This lot is available for $849,000 and comes with all the approved working architectural drawings. The successful buyer will undertake the construction at their cost. The Seller has prepared the site for construction. The demolition of the existing structure is approved and will occur this summer, 2024 at the seller's expense. The design plans offer 3 spacious floors of 1,410 square feet. Each floor is designed as an apartment easily configured for a one-bedroom, two-bedroom, or bachelor layout. This is a fantastic long-term investment opportunity for an owner-occupier to live in one unit and rent out the second and third units for income to offset the cost of ownership. The plans call for a driveway that can accommodate two vehicles parked in tandem. Several new developments on this street and the neighborhood across from and adjacent to the property. Well situated close to shopping and transit. (id:47421)
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Detailed Information
Lot
46.67 x 46.08 ft
Communication Type
Internet Access
Lease Type
Other, See Remarks
Listing Contract Date
2024-07-07
Municipal ID
042440234
# of Parking Spaces
2
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
AM10
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
2024
Construction Style (Attachment)
Attached
Cooling Type
Unknown
Exterior Finish
Siding
Flooring Type
Vinyl
Foundation Type
Poured Concrete
Heating Fuel
Electric
Heating Type
Heat Pump
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Surfaced
Land
Total Size
46.7 ft X 46.11 ft (Irregular Lot)
Sewer
Municipal sewage system
Size of Irregular Land
46.7 ft X 46.11 ft (Irregular Lot)
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