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131 Margaret Avenue Chatham-Kent, Ontario N8A 2A2

6 Bedroom 6 Bathroom
Wall Unit Forced Air

$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 the 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, ductless heat/AC in renovated units, new kitchens with stainless steel appliances, new bathrooms, LVP flooring and extensive brick work. 7 panels and meters allow for tenants to pay for their own hydro separately. 3 units are in need of a renovation (1 vacant, 2 tenanted). Gas expenses can be reduced or eliminated with adding ductless heat/AC to unrenovated units. Priced to sell! (id:50262)

Property Details

MLS® Number X8185378
Property Type Multi-family
Community Name Wallaceburg
Parking Space Total 4

Building

Bathroom Total 6
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Heating Controls
Basement Type Crawl Space
Cooling Type Wall Unit
Exterior Finish Brick, Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Other
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 70 X 108 Ft
Size Total Text 70 X 108 Ft

Rooms

Level Type Dimensions

https://www.realtor.ca/real-estate/26686451/131-margaret-avenue-chatham-kent-wallaceburg

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