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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:53271)
| MLS® Number | X9299724 |
| Property Type | Multi-family |
| Community Name | Wallaceburg |
| Features | Lane |
| Parking Space Total | 4 |
| Bathroom Total | 6 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Appliances | Water Heater, Refrigerator, Stove |
| Basement Type | Partial |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Heating Type | Other |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 108 Ft |
| Size Frontage | 70 Ft |
| Size Irregular | 70 X 108 Ft |
| Size Total Text | 70 X 108 Ft |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/27366297/131-margaret-avenue-chatham-kent-wallaceburg-wallaceburg
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Call: 519-535-4243
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