47 ROSEBERY AVENUE$1,299,900

The investment you have been waiting for! An entry level duplex, fully occupied at market value with pleasant tenants, tons of room for investment growth in time with a huge lot & R3P zoning. It gets better: an unbeatable location, end of a quiet cul de sac & fronting the stunning Central Park in the heart of The Glebe | Apt 1 [one floor]: 3 bed, 1 bath | Apt 2 [two floors]: 4 bdrms, 2 full bathrooms | Basement has connections for 2x washer/dryer [1 working set in place], and is unfinished. Now to get to the exciting part: the development potential. Preliminary conversations with the City have revealed the potential for either of the following options: 1] dig out the basement to add an additional unit [side entrance already in place]; 2] build a double car garage with 2x 2-bed apartments above. Significant development is set to occur in the area over the next few years, great chance to purchase, let the land grow in value & re-sell or expand on highest/best use. Buyer due diligence. (id:46641)