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 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:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $2,102Last Updated
: Tue, April 16, 2024Mls Num
: 40560100Listing Date
: Mar 26, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.105Sq Ft Raw
: detailsSection.sqftSub Division
: Wallaceburg
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Heating
: Heat Pump, ElectricBasement
: Unfinished, Partial
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Sewer
: Municipal sewage system
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Exterior Features
: Brick, Vinyl siding
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