For more information regarding the value of a property, please contact us for a free consultation.
122 Livingston Avenue Grimsby, ON L3M 1L6
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,225 sqft
Price per Sqft $483
MLS Listing ID 40457670
Sold Date 08/04/23
Bedrooms 5
Abv Grd Liv Area 2,225
Originating Board Oakville
Annual Tax Amount $5,510
Property Description
Exceptional investment opportunity in high-demand Grimsby neighbourhood—a legal non-conforming 4-plex with 4 VACANT units at closing. Tremendous revenue and cash flow potential, even with higher-interest rates. Meticulously maintained and well-manicured by the current owner, this property presents an enticing prospect for astute investors. With all units but one currently vacant, you have the advantage of leasing out multiple units at market rent in order to generate substantial income. Additionally, by implementing strategic renovations and upgrades, you can force appreciation, build equity and maximizing your cash flow potential. Don't miss out on this remarkable chance to secure a lucrative investment in a desirable location.
Location
Province ON
County Niagara
Area Grimsby
Zoning RD3.25
Direction N/E CORNER OF LIVINGSTON AND KERMAN
Rooms
Basement Full, Finished, Sump Pump
Kitchen 0
Interior
Interior Features Separate Heating Controls, Separate Hydro Meters
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Water Heater Owned, Dishwasher, Refrigerator, Stove
Laundry None
Exterior
Parking Features Assigned
Pool None
Roof Type Asphalt Shing
Lot Frontage 35.6
Lot Depth 129.0
Garage No
Building
Lot Description Urban, Other
Faces N/E CORNER OF LIVINGSTON AND KERMAN
Story 2.5
Foundation Concrete Block, Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2.5
Structure Type Aluminum Siding, Brick, Metal/Steel Siding, Vinyl Siding, Other
New Construction No
Others
Senior Community false
Tax ID 460200018
Ownership Freehold/None
Read Less
GET MORE INFORMATION