55K Undervalued Vacant Legal Duplex Fix and Flip or BRRRR in Trent Hills Assigned

  • $345,000
Assigned

This is the cheapest active detached property for sale in Campbellford- even cheaper than single family homes!  Here’s your opportunity to purchase your next multi-family property! With vacant possession, this property is perfect for fix and flip investors or BRRRR investors to renovate the property to “force appreciation” immediately upon closing. There is very little inventory of legal mutli-family properties that sell in Trent Hills, making this an extremely rare find and an opportunity you do not want to miss out on!

This is a rare opportunity to purchase a multi-family property in Trent Hills and this is currently the cheapest active detached property for sale in Campbellford!

Looking for a quick cash-flowing BRRR project or fix and flip project? Look no further than 36 Raglan St N! This property is located in the township of Campbellford in Trent Hills, approximately a 2 hour drive east from Toronto. Within 10 minute walking distance includes local restaurants, grocery stores, parks, and gorgeous waterfront views. Multi-family homes are in extremely short demand in Campbellford, with only 1 active duplex listed on the MLS and 1 recent duplex sale over the past 6 months. With a lack of available inventory, this property is almost certain to gain multiple offers once fully renovated.

This property boasts a 3 bed + 1 bath unit, and a 2 bed + 1 bath unit thus providing great rental potential. Moreover, there are 2 hot water tanks owned and 2 hydro meters with copper wiring. Shingles have been replaced in 2018, and potential to finish the basement for additional living space. The lot size for the property is much larger than neighbouring properties around the area, boasting a frontage of approx. 102ft with a depth of approx. 200ft.

With immediate upside on the purchase, vacant possession, and limited inventory in Campbellford, this property is primed to be an amazing investment with multiple exit strategies. Don’t miss out on your opportunity to purchase this profitable investment!

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PROPERTY FEATURES:

  • Vacant possession
  • Detached large corner lot duplex
  • Unit 1
    3 bed + 1 bath
  • Unit 2
    2 bed + 1 bath
  • Lot size: 100ftx206.89ft (Per MPAC)
  • Zoning: R2
  • 2 hydro meters & panels– copper electrical
  • 2 hot water tank owned good condition
  • Shingle replaced 2018 (per seller)
  • Built in 1949 (per MPAC)
  • Detached Garage (not in good condition)
  • Plumbing is ABS and Copper
  • Basement height estimated 5’5ft for half and 6ft’5 for other half
  • No notable moisture in basement
  • Heating system oil boiler
Price:
$345,000
Address:
Trent Hills
Terms:
Assignment of Contract
Property Type:
Duplex

Call 647-933-5598 for more details