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$1,150,000
Status: For Sale
Welcome to this PRIME nine-unit purpose-built multifamily property located in the heart of Sarnia, Ontario. Each unit is separately metered, offering tenants control over their utility expenses. Six of the nine units have been beautifully renovated and are currently generating near market rent, presenting a fantastic opportunity for investors to further enhance the remaining units and maximize rental income. With potential for additional laundry income within the building, this property is ripe for growth. The roof is only seven years old, ensuring peace of mind for years to come. Conveniently situated near hospitals, schools, and the Port Huron border, this multifamily gem is an excellent addition to any investment portfolio. Dont miss out on this great opportunity! Financials available upon request.
| Property Type | :Residential |
|---|---|
| MLS Number | :X9398463 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :14 Nov, 2024 (2 Days ago) |
| Source | :TRREB |
| Area | :Lambton |
|---|---|
| Postal Code | :
N7T 3V5
|
| Price | : $1,150,000 |
|---|---|
| Property Taxes | :$11796.00 |
| Tax Year | :2023 |
|---|
| Bedrooms | :9 + 5 |
|---|---|
| No. of Rooms | :34 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Walnut Ave S & Kathleen Ave |
| Bathrooms | :9 |
|---|---|
| Fuel | :Gas |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :9 |
| Basement | :Full |
| Garage | :None |
|---|---|
| Laundry Level | :Lower |
08 Nov, 2024
TREB #X9398463
Price Change, Available
$1150000.0
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$1,150,000
121 Walnut Ave S, Lambton, Ontario
Listing ID #X9398463
Price drop by $125,000
Price drop by $125,000