$699,900 $3,757 est/mo Sourced by Back At You

131 Margaret Avenue,Wallaceburg, ON N8A 282

Wallaceburg ON, N8A 282

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Description

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!

Details

MLS#40560100
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site59
Listing Provided ByREAL BROKER ONTARIO LTD | Paula Mcfarlane

Features

Bed(s)6
Bath(s)6
SQ Feet2,800
BasementY
Story(s)2
Units6
ZoningR4
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
CountyChatham Kent
CityWallaceburg
Postal CodeN8A 282
AreaChatham
SubareaWallaceburg
Community NameWallaceburg
Listing VS Median (in Wallaceburg)
Price:
$699,900
low | high
Med:
$449,900
85.719388484069% of Average
SqFt:
2,800
low | high
Med:
2,063
76.321428571429% of Average
$ / SqFt:
$250
low | high
Med:
$218
62.755350341926% of Average
On Site:
59
low | high
Med:
4.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 2:44:45 PM PDT