Meaford, ON N4L 1L2,366 Nelson Street W
Meaford, ON N4L 1L2,366 Nelson Street W
Meaford, ON N4L 1L2,366 Nelson Street W
$350,000
Est. payment /mo
$370,000
5.4%
Est.Price: ?

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3 Beds
1 Bath
1,591 SqFt
SOLD DATE : 02/02/2024

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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The Real Estate Boutique Brokerage Inc

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Listed by KELLER WILLIAMS REALTY CENTRES Brokerage (WIARTON)

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