Investment Holding Property Currently Rental. Need 48hr Notice To View. This Is 1 Of 7 Properties On The Same Cul-De-Sac For Sale. City States That Commercial Development After Syndication Must Start On Stanley Place. Currently These Houses Are In Fair To Average Condition. They Are Welfare Rentals. These Properties With Fresh Management And A Investment Into Upgrades. Could Produce A Roi That Is Quite Attractive. Currently All Seven Of These Properties Show A Proforma Approx 12%. Values Certainly Can Increase As The Land Value Continues To Grow With The Downtown Development Continuing To Move Forward. #11 Stanley Is A Slab Bungalow 2 Bdrm. The Rent Is $1,200 Plus Utilities. Buyer And Buyers Agent Responsible For Verifying Square Footage And Potential Development Opportunities. (Id:15898)Show Description
Listed by: RE/MAX Bridge City Realty
REALTOR®. Member of The Canadian Real Estate Association (CREA) and more. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.