Attention Builders, Renovators, or Savvy Investors! Rare Opportunity in Downtown Burlington Seize the chance to own a very Rare opportunity to own a 79.91' x 150' residential duplex or building lot in Downtown Burlington. Prime location near amenities, shopping, theatre, transit, trails, parks, and the lake. Situated in a highly desirable mature neighborhood surrounded by renovated and newly built homes. Options include: renovate the existing duplex, build one new home up to 5,000 sq/ft, or build two new homes (severance pending). Potential Uses: Continue renting to three individuals for steady income. With an option for a 4th unit in the basement. Subdivide the property into 2 lots for increased value and flexibility. Upgrade rental units for higher-paying tenants. Hold the property for future appreciation or custom home development. Potential for 4-5 townhome development, pending city approval. 48 hours' notice required to access the tenanted dwelling. Property sold as-is with no representation or warranty. Don't miss this unique one-of-a-kind property with endless potential. (id:51532)
Property Summary |
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Building |
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Land |
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Level | Rooms | Dimensions |
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Second level | Bedroom | 3.58 m x 4.5 m |
Living room | 4.98 m x 3.78 m | |
Kitchen | 3.56 m x 3.15 m | |
Bedroom | 4.29 m x 2.62 m | |
Basement | Recreational, Games room | 10.74 m x 4.01 m |
Main level | Living room | 5.46 m x 3.78 m |
Kitchen | 4.14 m x 3.15 m | |
Bedroom | 3.87 m x 3.62 m | |
Bedroom | 3.38 m x 2.62 m | |
Living room | 6.58 m x 4.6 m | |
Kitchen | 5.38 m x 3.53 m | |
Bedroom | 5.31 m x 3.94 m |
Features | |||||
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Level lot | Level | Detached Garage |