Exceptional investment opportunity at 35 Fifth Avenue! This permit-ready triplex project is designed for maximum profitability with three expansive 1,500 sq. ft. units, each offering 3 bedrooms (expandable to 4) and 10 bathrooms total. Featuring separate entrances, private balconies, a basement porch, and 3 parking spots (1 garage + 2 driveways), this property is ideal for high-demand multi-family rentals. All permits, including building and demolition, are in place for immediate construction—just step in and start building! With separate meters and gas heating, this R2B-zoned development is a builder’s dream and a smart investor’s next big win. Low $2,500 annual taxes and flexible possession make this a no-brainer. Survey included—everything’s ready to break ground. Survey available & Grading is ready. (id:47423)
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Detailed Information
Lot
40 x 165 ft
Amenities Nearby
Public Transit, Schools
Features
Country residential
Listing Contract Date
2024-12-01
Location Description
Fifth Avenue & Kingsway Drive
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R4
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Public Transit, Schools
Sewer
Municipal sewage system
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