131 MARGARET AVENUE Active

Chatham-kent (wallaceburg),ON N8A2A2

$ 679900

6 Beds

6 Baths

2499 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,499 sqft

Price per Sqft $272

Subdivision Wallaceburg

MLS Listing ID X9299724

Bedrooms 6

Originating Board London and St. Thomas Association of REALTORS®

Property Description

Value Add Opportunity! 6 units in the heart of Wallaceburg. 131 Margaret Ave is situated across from the Sydenham River with river views from upper units. 3 units have been recently renovated from top to bottom allowing you to receive market rents while you renovate others. There is significant upside to be had! A lot of expensive updates have been done already including a brand new roof and sheeting (2023), ductless heat/AC in renovated units (2023), new kitchens with stainless steel appliances (2023), new bathrooms (2023), LVP flooring (2023) and extensive brickwork (2023). 7 hydro panels and meters allow for tenants to pay for their own hydro separately. 3 units are in need of a renovation (2 vacant, 1 tenanted). Priced to sell! (id:24570)

Location

Province ON

Interior

Heating Other

Cooling Wall unit

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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