131 Margaret Avenue Chatham-Kent (Wallaceburg), Ontario N8A 2A2
$699,900
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:49269)
Property Details
| MLS® Number | X9299724 |
| Property Type | Multi-family |
| Community Name | Wallaceburg |
| Features | Lane |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Appliances | Water Heater, Refrigerator, Stove |
| BasementType | Partial |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick |
| HeatingType | Other |
| StoriesTotal | 2 |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 108 Ft |
| SizeFrontage | 70 Ft |
| SizeIrregular | 70 X 108 Ft |
| SizeTotalText | 70 X 108 Ft |
| ZoningDescription | R4 |
https://www.realtor.ca/real-estate/27366297/131-margaret-avenue-chatham-kent-wallaceburg-wallaceburg
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 04 2024 11:20:49
London and St. Thomas Association of REALTORS®
Real Broker Ontario Ltd