Attention Developers, Investors & those looking for an income property! This 0.33 acre lot is zoned R-3-A, which is a Low Density Residential zone that accommodates multi-unit development. It has access from the Trans-Canada Highway and is also fronted by 2nd Ave at the back. The current building consists of three suites, each with its own hydro meter and hot water tank plus there is shared laundry in the basement. Suite 2 has two bedrooms and Suites 1 & 3 have one bedroom each. All three suites are currently occupied by tenants, with Suite 1 becoming vacant at the end of April. Don’t miss this fantastic opportunity to acquire a sharply priced property that provides immediate rental income while you hold it and plan for its higher and better future use. (id:57571)
| MLS® Number | 993912 |
| Property Type | Single Family |
| Neigbourhood | Ladysmith |
| Parking Space Total | 3 |
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Constructed Date | 1950 |
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 3300 Sqft |
| Total Finished Area | 1974 Sqft |
| Type | House |
| Acreage | No |
| Size Irregular | 14322 |
| Size Total | 14322 Sqft |
| Size Total Text | 14322 Sqft |
| Zoning Description | R-3-a |
| Zoning Type | Multi-family |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 3-Piece | ||
| Second Level | Bedroom | 15'8 x 11'8 | ||
| Second Level | Kitchen | 16'11 x 3'3 | ||
| Second Level | Living Room | 17'11 x 7'9 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 13'0 x 11'11 | ||
| Main Level | Kitchen | 12'0 x 4'7 | ||
| Main Level | Living Room | 8'5 x 7'6 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 10'10 x 9'8 | ||
| Main Level | Primary Bedroom | 12'0 x 11'3 | ||
| Main Level | Kitchen | 9'1 x 8'6 | ||
| Main Level | Living Room | 17'11 x 15'1 |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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