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Key Details
Sold Price $350,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,591 sqft
Price per Sqft $219
MLS Listing ID 40488907
Style 1.5 Storey
Bedrooms 3
Full Baths 1
Annual Tax Amount $2,251
Property Description
Attention, Real Estate Investors, Contractors, Flippers, Developers.
Investment Highlights:
Extensive Renovation Potential: This property is a true fixer-upper, offering a blank canvas for your renovation vision. A full-scale renovation can transform this house into a highly desirable living space, allowing you to command a premium price upon resale or achieve higher rental income.
Possible future Lot severance possibility once full services are provided by the municipality zoned "D".
The size and configuration of the lot make it a prime candidate for future severance. Investors with a long-term strategy should explore the potential of subdividing this property, opening up new investment opportunities. Please conduct thorough due diligence regarding future severance possibilities.
Workshop Space: The substantial detached workshop is a standout feature, ideal for various purposes, from hobbyists to entrepreneurs. This versatile space adds value and flexibility to the property.
Desirable Location: Nestled in a great family neighborhood, close to schools, parks, shopping, this property benefits from its strategic location, increasing its appeal to potential buyers and renters alike.
Investor-Friendly Pricing: The
Property is competitively priced, and open to negotiations, offering an attractive entry point for investors. The potential for value appreciation through renovation and future development makes this an excellent investment prospect.
Investor, your creativity and strategic vision can unlock the full potential of this property. Don't miss the chance to turn this diamond in the rough into a lucrative real estate opportunity.
Call now.
Location
Province ON
County Grey
Area Meaford
Zoning D - Development
Rooms
Other Rooms Shed(s), Storage
Kitchen 1
Interior
Heating Other
Cooling None
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Detached Garage, Gravel
Garage Spaces 1.0
Waterfront No
Waterfront Description Lake Privileges,Lake/Pond
Roof Type Metal
Building
Lot Description Urban, Arts Centre, City Lot, Library, Park, Place of Worship, Playground Nearby, School Bus Route
Foundation Concrete Block, Stone
Sewer Holding Tank
Water Municipal
Structure Type Metal/Steel Siding
New Construction No
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