5 FAIR Avenue , Grimsby

4 Bed / 2 Bath / $999,900 / MLS® #:30756089

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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 township 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., Directions:GRAND AVE., Exclusions:

Property Details

Property Type Detached
Property Style Sidesplit
Square Feet 1501 to 2000
Property Tax $N/A
Maintenance N/A
Days On Our Website 5
Basement Unfinished - Separate Entrance Full
Kitchens 2
Garages 1
Pool None
Air Conditioning Yes
Heating Gas - Forced Air
Exterior Aluminum Siding,Brick
Garage Type Attached
Sewers Sewer (Municipal)
Water Municipal


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