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:46638)
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
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September 04 2024 11:20:49
London and St. Thomas Association of REALTORS®
Real Broker Ontario Ltd