Welcome to 573 Grey Street, London, ON, a property brimming with potential for savvy investors. This unique offering can be developed into a seven-unit multifamily property. Currently, the lot features three units: a three-bedroom bungalow and a one-bedroom dwelling unit and the rear of the property boasts a spacious garage and storage area, perfect for various uses. Development drawings are included in the listing pictures for your convenience. If development isn't in your immediate plans, you can operate the existing rentals and lease the back as a commercial storage unit. With downtown London undergoing significant expansion, this property is poised to become your best investment. Don't miss out on this exceptional opportunity at 573 Grey Street! (id:4555)
PROPERTY SPECS
Listing ID X8479624
Address 573 GREY STREET
City London, ON
Price $799,900
Bed / Bath 4 / 2 Full
Construction Aluminum siding, Brick Facing
Land Size 47 x 249.3 FT ; See remarks
Type Other
Status For sale
EXTENDED FEATURES
AppliancesDryer, Refrigerator, Stove, Washer, Water Heater, Water meterBasementN/ABasement DevelopmentUnfinishedParking6Amenities NearbyPlace of Worship, Public Transit, SchoolsCommunity FeaturesCommunity Centre, School BusFeaturesFlat site, Irregular lot sizeStructureWorkshopCoolingCentral air conditioningFire ProtectionSecurity system, Smoke DetectorsFoundationPoured ConcreteHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2024-06-27 00:02:54Days on Market85Parking6