131 Margaret Avenue, Wallaceburg in Chatham-Kent, ON
This is a Multi-family Listing.
131 Margaret Avenue, Wallaceburg in Chatham-Kent
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, Chatham-Kent, Ontario
Essential Information
- MLS® #X8185378
- Price$699,900
- Bedrooms6
- Bathrooms6.00
- Acres0.00
- TypeMulti-family
- Days on Website44
Amenities
- AmenitiesSeparate Heating Controls
- Parking Spaces4
Exterior
- ExteriorBrick, Vinyl siding
- Lot Description70 x 108 FT
- FoundationBlock
Community Information
- Address131 Margaret Avenue
- SubdivisionWallaceburg
- CityChatham-Kent
- Postal CodeN8A2A2
Interior
- HeatingNatural gas Forced air
- CoolingWall unit
- # of Stories2
Listing Details
- Listing OfficeREAL BROKER ONTARIO LTD