131 Margaret Avenue, Wallaceburg in Wallaceburg, ON
This is a Multi-family Listing.
131 Margaret Avenue, Wallaceburg in Wallaceburg
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:6289)
$699,900
131 Margaret Avenue, Wallaceburg, Ontario
Essential Information
- MLS® #40560100
- Price$699,900
- Price per Sqft250
- Bedrooms6
- Bathrooms6.00
- Square Footage2,800
- Acres0.00
- TypeMulti-family
- Sub-TypeFreehold
- Days on Website56
Amenities
- AmenitiesHospital, Schools, Shopping
- Parking Spaces4
Exterior
- ExteriorBrick, Vinyl siding
Community Information
- Address131 Margaret Avenue
- SubdivisionWallaceburg
- CityWallaceburg
Interior
- HeatingElectric Heat Pump
- CoolingDuctless
- # of Stories2
Listing Details
- Listing OfficeREAL BROKER ONTARIO LTD