38
$569,000 Sale
Listed 9 days ago
22 RICH AVENUE
· 4
· 2.0
· 7
· 1500 - 2000
Key Facts
Key facts for 22 RICH AVENUE
Property Type
House
Parking
Garage: Yes, 7 parking
MLS #
X14090220
Size
1500 - 2000 sqft
Basement
Full
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Forced appreciation opportunity in historic East Galt! This 2.5-storey century home offers over 1,800 sq. ft. on a rare double lot, with a garage and parking for 6. A compelling opportunity for investors and house hackers looking to acquire a property with existing income, flexibility, and significa...nt future upside. Currently configured with two living spaces, the upper unit provides rental income while the main floor is vacant. This creates an opportunity to live in the property while offsetting your housing costs, or to reposition the property to maximize rental income. Zoned R4, the property offers exciting potential to explore increased residential density, including multiplex conversion. The double lot further appeals to investors seeking efficient use of the existing footprint. Whether you're looking to house hack, establish a stronger rental portfolio, or pursue a longer-term value-add strategy, this property offers multiple paths to growth. Minutes from historic downtown Galt, trails, and local amenities. A rare combination of land, income, and future potential. (id:10452)
Room Types
Bedroom
-
Dimensions 3.96 m x 2.74 m
116.79 sqft
Bedroom
-
Dimensions 3.96 m x 3.05 m
130.01 sqft
Bedroom
-
Dimensions 3.96 m x 3.35 m
142.79 sqft
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Listing courtesy of: Rock Star Real Estate Inc., Brokerage
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