699 Ridge Road W Grimsby, Ontario L3M 4E7
$1,474,900
Perfect opportunity for investors and builders alike! Multi-residential 4-plex nestled in Grimsby on a beautiful potential building lot with just over 2 acres on the prestigious Ridge Rd. Quiet rural setting backing onto vineyards with stunning views, and just minutes to highway access, trails, shopping, schools, and more. Fully rented (3) 2 bed 1 bath units, and (1) 3 bed 1.5 bath units (two on leases, two on month-to-month basis) grossing approximately $82,500/year! Shared coin-operated laundry added for additional income and new concrete in garage. Book your showing today and take advantage of this rare opportunity! (id:47723)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | H4140929 |
| Property Type | Multi-family |
| Community Features | Quiet Area |
| Equipment Type | Water Heater |
| Features | Conservation/green Belt, Crushed Stone Driveway, Country Residential, Laundry- Coin Operated |
| Parking Space Total | 14 |
| Rental Equipment Type | Water Heater |
Building
| Architectural Style | 2 Level, Multi-unit |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Construction Style Attachment | Detached |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Exterior | 3862 Sqft |
| Size Interior | 3862 Sqft |
| Type | Fourplex |
| Utility Water | Cistern |
Parking
| Attached Garage | |
| Gravel |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Depth | 643 Ft |
| Size Frontage | 134 Ft |
| Size Irregular | 134.28 X 643.22 |
| Size Total Text | 134.28 X 643.22|2 - 4.99 Acres |
| Soil Type | Clay, Sand/gravel |
https://www.realtor.ca/real-estate/24644926/699-ridge-road-w-grimsby
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August 09 2022 10:07:26
REALTORS® Association of Hamilton-Burlington
Keller Williams Edge Realty