Property Information:
Great Investment opportunity to build multi family or just keep as it is until ready to Develop . Great Location . All new apartments and commercial units behind and around the property. Seller had verbal approval from the city for 54 Units . Buyer to do their own due dilligence . 259 Grassie Blvd Sold together with adjacent 263 Grassie Blvd . Listing price is for both the Houses . Combined Frontage according to the city assessment is 216.91 Ft.. 259 Grassie is about 1656 Sqft Bungalow and 263 Grassie is 960 Sqft Bungalow . Both houses currently Rented for $ 4750 per month plus utilities . Collect the rent to pay your mortgage until ready to develop . Some Renovations done to both the properties like kitchen, flooring , roof etc.
