Money Maker - home plus 4 building lots or 8 lots total. Current Brooklin unserviced building lot value approximately $400,000-$1,600,000 in extra value attached.290 home development approved all around this property. The Seller started this project but got a job transfer out of town. His loss is your gain. This is a 1.2 acre piece of...
Money Maker - home plus 4 building lots or 8 lots total. Current Brooklin unserviced building lot value approximately $400,000-$1,600,000 in extra value attached.290 home development approved all around this property. The Seller started this project but got a job transfer out of town. His loss is your gain. This is a 1.2 acre piece of land with a totally renovated 2750 sqft plus Ranch Bungalow with finished basement apt. Here is the deal, live here and finish the severance that has been started. Over $200,000 spent to date for the environmental studies, surveys, reports, rezoning, and severance. Price break down: You are buying 8 raw lots for $250,000 per lot. Complete severance of the lots and add all the services, will get you a fully serviced lots with a future value around $600,000 per lot. That's a profit of $200,000 per lot. Times 8 lots. Equals$1,600,000 profit.
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Living
14′1″ x 16′4″
Dining
14′1″ x 16′4″
Kitchen
14′7″ x 25′0″
Family
14′1″ x 17′8″
Prim Bdrm
14′1″ x 19′0″
2nd Br
10′11″ x 11′9″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
For Sale Nearby
Sold Nearby
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- 3
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