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!
EXTRAS: Lane
Last updated on : Thursday 19th of September 2024 02:51:11 PM
Street : 131 MARGARET AVENUE
City : Chatham-Kent (Wallaceburg)
Province : Ontario
Country : Canada
Postal Code : N8A2A2
Property ID : X9299724
Building Type : Other
Property Type : Multi-family
Bedrooms : 6
Bathrooms : 6
Parking : 4