Back 42 Ramsay St
Off Market

42 Ramsay St

Dalmore Otago

4
3
699 m²
Multi-Family
Bridget SmithBridget Smith, last sold this property on 20 December 2024 after 191 days on market.

Overview

Don't be deceived by the classic facade of this charming villa. The new roof gives a hint to the extensive renovations which have taken place over recent years. This classic villa has been re-imagined into three separate flats, two one-bedroom flats and a third flat which offers two bedrooms. The high ceilings and generous proportions remain and now the tenants enjoy new kitchens, bathrooms, and laundries. This offers the new owner a multiple income stream in an area popular with students as well as professionals as this location is within walking distance of the hospital, university, polytechnic, and CBD with the Gardens Village close at hand. Always sought after is the value add this is provided by a Resource Consent which has been granted for further development with the new owner being able to build three one-bedroom units on the front of the property, this area is currently used for parking. This is a fantastic price offering a great return, don't delay and risk missing out on this three-for-one opportun

Features

4 bedrooms
3 bathrooms
699 m² lot size
Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in Dalmore over the last 12 months.

Property history for 42 Ramsay St

2024
Sold
Undisclosed
20 Dec 2024 by Bridget Smith, of Harcourts Dunedin
2017
Sold
20 Nov 2017 by Colleen Townsend, of Ray White Dunedin (Proven Realty Limited)

Happy sellers in Dalmore

<50%
Less than 50% of sellers in Dalmore reported that their sale price either exceeded or met their price expectations.

Dalmore stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Dalmore over the last 12 months.

Local market activity for 4 bedroom multi families in Dalmore

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