131 Margaret

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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 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:39198)

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Additional media

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Property taxes

$2,101.83 per year / $175.15 per month

Basement

Partial

Year build

-

Type

Multi-family

Bedrooms

6

Bathrooms

6

Parking spots

4 Total

Floor

-

Balcony

-

Pool

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External material

Brick

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Other

Fire place(s)

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