$ 679,900
131 Margaret AVE Chatham-kent, ON N8A 2A2
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 679,900
Est. payment /mo
Active
131 Margaret AVE Chatham-kent, ON N8A 2A2
6 Beds
6 Baths
UPDATED:
10/09/2024 04:22 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X9299724
Style 2-Storey
Bedrooms 6
Annual Tax Amount $2,101
Tax Year 2024
Property 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!
Location
Province ON
County Chatham-kent
Rooms
Family Room No
Basement Partial Basement
Kitchen 6
Interior
Interior Features Water Heater Owned
Cooling Wall Unit(s)
Fireplace No
Exterior
Garage Private, Lane
Garage Spaces 4.0
Pool None
Waterfront No
Waterfront Description None
Roof Type Shingles
Parking Type None
Total Parking Spaces 4
Building
Foundation Other
Listed by REAL BROKER ONTARIO LTD