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
Listing Contract Date
2024-07-07
Municipal ID
042440234
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
AM10
Building
Basement Development
Not Applicable
Basement Type
Unknown (Not Applicable)
Utility Water
Municipal water
Land
Total Size
0.06 acres
Current Use
Development residential
Sewer
Municipal sewage system
Size of Irregular Land
0.06
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