Quick Summary
Quick Summary
- Fully occupied duplex with pleasant tenants
- Huge lot with R3P zoning for development
- Unbeatable location on quiet cul-de-sac
- Fronting the stunning Central Park in Glebe
- Basement with connections for 2 washer/dryers
- Potential to add additional unit in basement
- Potential to build double car garage with 2-bed
- Significant development expected in the area
The investment you have been waiting for! An entry level duplex, fully occupied at market value with pleasant tenants, tons of room for investment growth in time with a huge lot & R3P zoning. It gets better: an unbeatable location, end of a quiet cul de sac & fronting the stunning Central Park in the heart of The Glebe | Apt 1 [one... Show More
The investment you have been waiting for! An entry level duplex, fully occupied at market value with pleasant tenants, tons of room for investment growth in time with a huge lot & R3P zoning. It gets better: an unbeatable location, end of a quiet cul de sac & fronting the stunning Central Park in the heart of The Glebe | Apt 1 [one floor]: 3 bed, 1 bath | Apt 2 [two floors]: 4 bdrms, 2 full bathrooms | Basement has connections for 2x washer/dryer, and is unfinished. Now to get to the exciting part: the development potential. Preliminary conversations with the City have revealed the potential for either of the following options: 1] dig out the basement to add an additional unit [side entrance already in place]; 2] build a double car garage with a 2-bed apartment above. Significant development is set to occur in the area over the next few years, great chance to purchase, let the land grow in value & re-sell or expand on highest/best use. Buyer due diligence. (id:54626)
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