131 Margaret Avenue Wallaceburg, ON
PROPERTY INFO
Value Add Opportunity! 6 units in the heart of Wallaceburg. 131 Margaret Ave is situated across from the Sydenham River with river views from the 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, ductless heat/AC in renovated units, new kitchens with stainless steel appliances, new bathrooms, LVP flooring and extensive brick work. 7 panels and meters allow for tenants to pay for their own hydro separately. 3 units are in need of a renovation (1 vacant, 2 tenanted). Gas expenses can be reduced or eliminated with adding ductless heat/AC to unrenovated units. Priced to sell! (id:4555)
PROPERTY SPECS
Listing ID 40560100
Address 131 MARGARET Avenue
City Wallaceburg, ON
Price $699,900
Bed / Bath 6 / 6 Full
Construction Brick, Vinyl siding
Status For sale
EXTENDED FEATURES
Basement PartialBasement Development UnfinishedParking 4Amenities Nearby Hospital, Schools, ShoppingOwnership FreeholdCooling DuctlessHeating Heat PumpHeating Fuel ElectricUtility Water Municipal water Date Listed 2024-03-26 00:00:16Days on Market 34Parking 4
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LISTING OFFICE:
Real Broker Ontario Ltd, Paula Mcfarlane
