$320,000
5
Beds
2
Baths
1,925
Living Area
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Property Description
Unlock the Potential of 55 Zone! Discover your next investment in the Smith Hill neighborhood. This two-unit property presents an excellent opportunity for the discerning investor to realize substantial returns. **Featuring a two-bedroom apartment on the first floor & a larger, townhouse-style unit spanning the second & third levels, there is ample living space & abundant potential to generate robust rental income. **Each unit offers generous living space that, with cosmetic upgrades, can be transformed into great spaces. **With a generous rear yard an added convenience comes with ample parking, **Situated within easy access to downtown, future occupants can enjoy a myriad of dining, shopping & entertainment options. **This property does require cosmetic restoration. The promise of what this asset can become, coupled with its prime location, makes this investment opportunity very appealing.
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Highlights
- Parking Spots: 3
- Property Type: Multi Family
- Year Built: 1910
- Property Class: Residential Income
- Total Rooms: 10
- Status: Closed
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Additional Details
- Basement: Full
- Total Number of Units: 2
- Year Built Source: Public Records
- Foundation: Concrete Perimeter
- Year Built Details: Actual
- Zoning: R-3
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Amenities
- Parking Features: Paved Drive
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $264,200
- Compensation Based On: Net Sale Price
- Taxes: $4,703
- Buyer Agent Compensation: 2%%
- Tax Year: 2022
- Total Rent: $1,500
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Listing information provided courtesy of Residential Properties Ltd.
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