This investment property offers immediate income and big potential. Currently, a tenant-occupied 2-bed house generates $1,350/month on a 50’ x 140’ lot. Included in the $410,000 price is the adjacent 37.5’ x 140’ lot, providing a total of 87.5’ x 140’ of prime land with RM3 zoning. Plans for a 12-unit luxury rental complex, featuring upscale 2-bed/1-bath units, in-suite laundry, and private balconies, are available for review. Buy now for steady cash flow with development potential. Contact your favorite agent for more details!
Data was last updated December 4, 2024 at 03:35 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$289,900
Min list price:
$180,000
Max list price:
$349,900
Avg days on market:
33
Min days on market:
8
Max days on market:
97
Avg price per sq.ft.:
$292.95
These statistics are generated based on the current listing's property type
and located in
Mount Royal SA. Average values are
derived using median calculations.