Grimsby - 541 - Grimsby West
Grimsby - 541 - Grimsby West
Sold For$1,075,000
Listed For $1,099,900
Sold Aug 2023
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.
* Values are estimates only and not a guarantee of lending or affordability.
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