$1,299,900

Investment For Sale In Nelles, Grimsby, Ontario

$1,299,900

Property Information:

TWO UNITS, one title, proven income, zero guesswork. A rare opportunity to own a fully restored, income producing duplex under one title in the heart of Grimsby. This is not a conversion, not a compromise, and not a tired rental, this is a turn key investment that's already doing the work for you. Currently operating as a profitable short-term rental, both self contained units are thoughtfully updated, beautifully finished, and designed to attract premium short-term guests. Whether you're an investor seeking immediate cash flow, looking to build a passive income portfolio, or a buyer looking to live in one unit and rent the other, this property delivers flexibility and performance. This home makes a statement. The heritage exterior has been carefully restored with attention to it's historic character. Inside both units feature updated kitchens, baths, appliances, modern lighting, fresh finishes, café wood shutters on the main, along with new window covers and smart storage solutions. Unit 10 offers added functionality with custom built ins, pantry storage, and a thoughtful design details that elevate the overall living experience for both owners and guests. A detached garage with new 110 amp electrical panel, lighting and opener, enhanced driveway, secure fencing for extra privacy to complete the package. This is the kind of property investors wait for and the kind that rarely hits the market. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: Crawl space
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Block, Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Dishwasher, Dryer, Microwave, Oven, Range, Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 4
  • Half Bathrooms: 2
  • Amenities Nearby: Park, Hospital
  • Features: Conservation/green belt, Lane, Carpet Free
  • Fence Type: Fenced yard
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 128 Feet
  • Lot Frontage: 40 Feet
  • Lot Size: 40 x 128 FT ; 40.13ft x 128.64ft x 37.04ft x 129.66ft
  • Structure Type: Patio(s), Porch
  • Utility Type: Cable - Installed, Hydro - Installed, Sewer - Installed
  • Zoning: C3
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 4

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level 3.61 m x 3.64 m
  • Bedroom 2nd Level 3.61 m x 2.91 m
  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level 3.70 m x 3.57 m
  • Bedroom 2nd Level 3.70 m x 2.88 m
  • Living Main Level 3.75 m x 4.60 m
  • Dining Main Level 2.71 m x 3.37 m
  • Bathroom Main Level Measurements not available
  • Den Main Level 2.83 m x 2.41 m
  • Kitchen Main Level 3.10 m x 3.22 m
  • Dining Main Level 2.68 m x 3.24 m
  • Bathroom Main Level Measurements not available
  • Den Main Level 2.76 m x 2.74 m
  • Living Main Level 3.54 m x 3.53 m
  • Kitchen Main Level 2.88 m x 3.23 m

Courtesy of: RE/MAX ESCARPMENT REALTY INC.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.