122 Livingston Ave
Grimsby, L3M 1L6
FOR SALE
$1,099,900
Sold
$1,075,000
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5
BEDROOMS5
BATHROOMS5
KITCHENS10
ROOMSX6688972
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-24 | 2023-08-04 | 11 | $1,099,900 | $1,075,000 | Sold |
| 2023-07-24 | 2023-08-04 | 5 | $1,099,900 | $1,075,000 | Sold |
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Property Description
Exceptional investment opportunity in high-demand Grimsby neighbourhood a legal non-conforming 4-plex with 4 VACANT units at closing. Tremendous revenue and cash flow potential, even with higher-interest rates. Meticulously maintained and well-manicured by the current owner, this property presents an enticing prospect for astute investors. With all units but one currently vacant, you have the advantage of leasing out multiple units at market rent in order to generate substantial income. Additionally, by implementing strategic renovations and upgrades, you can force appreciation, build equity and maximizing your cash flow potential. Don't miss out on this remarkable chance to secure a lucrative investment in a desirable location.
Extras
Separate Heating Controls, Separate Hydro Meters, Sump Pump, Water Heater Owned
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Property Details
Street
City
Property Type
Fourplex, 2 1/2 Storey
Lot Size
36' x 129'
Fronting
North
Taxes
$5,510 (2022)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Available
Garage Type
None
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