131 MARGARET AVENUE, Chatham-Kent (Wallaceburg) FOR SALE

Brokered by: REAL BROKER ONTARIO LTD

MLS® ID: X9299724 () For sale

Price: $699,900.00

Address: 131 MARGARET AVENUE, Chatham-Kent (Wallaceburg)
Postal Code: N8A2A2
Style: 
Type: Multi-family Other
Bedrooms: 6
Bathrooms: 6 / 0
Bedrooms Aboveground:  6
Lot Size:   70 ft x 108 ft
Property Size:  70 x 108 FT
Stories:  2


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:56071)

Appliances:  Water Heater, Refrigerator, Stove
Features:  Lane
Rental Equipment:  
Directions:  Between Main St and Napier St
Zoning Description:  R4
Lot:  70 x 108 FT 70 x 108 FT
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   / Wall unit
Age: 
Basement:  Partial

Rooms & Sizes

     

Contact Us! For More Information or Schedule a Showing.

JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.