432 Park Street W, West Grey, ON N0G 1R0

$1,099,000
6
BD
3
BA
1,500
SqFt

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List Price
$1,099,000
MLS#
X13837288
Status
ACTIVE
Type
Single Family Residential
SubType
Other
Style
Bungalow
Bedrooms
6
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
West Grey
Area
Grey County
Neighborhood
West Grey
Subdivision
Park St W & Countess St

Property Description

12 acres in West Grey with steady rental income, serviced road frontage, and direct river access. Set well back off the road down a private driveway, two separate detached homes are fully occupied by tenants, bringing in immediate dual rental income. Each home features a practical living space and separate utilities. The property gives you a few distinct land advantages, Frontage Development, Municipal water, sewer, and natural gas lines were recently brought along Park Street West. With active residential builds across and beside the property, the front land offers real potential for future builds or severances. Saugeen Riverfront, the back of the parcel opens up to roughly 920 feet of private shoreline on the Saugeen River, with flat, open grounds right at the water for camping, fishing, or kayaking. Seller has never lived in either home. Buyer to complete their own due diligence with the Municipality of West Grey regarding zoning, severance potential, servicing hookup fees, and building permits. A solid setup for an investor wanting reliable cash flow with land equity, or a live-in buyer wanting a mortgage helper.

Additional Information

Taxes
$3,482
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Kitchens
2
Exterior
Aluminum Siding
Waterfront Type
Direct
Garage Type
None
Pool
None
Parking Spaces
8

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Calculator source: Real Geeks

Listing courtesy of Royal LePage RCR Realty.