$550,000

Investment For Sale In Wallaceburg, Chatham-Kent, Ontario

$550,000

Property Information:

Great INVESTMENT OPPORTUNITY in Wallaceburg! Super low vacancy rates. Complete 5-Year Proforma available. FOUR 2 bdrm units - Residential FOURPLEX!! EASY, low maintenance, well-designed 2 bdrm units that are each approx 675 sq ft and self-sufficient. Units 1 & 2 (upper level with exterior staircase 2012) are heated with Empire Console Vented heating systems (2012). Units 3 & 4 (Main level) are heated with FAG Furnace 2007. Three units pay their own utilities, and Unit 3 is all-inclusive. Hot water tanks are owned. Carpet free. Single-detached garage and carport. Parking for 8 cars. Enjoy watching the kids safely play at King George Park right across the street. Two-minute walk to Running Creek trail & Crothers Park or Sydenham River to enjoy fishing, playground equipment, or picnic. Two-minute walk to downtown Wallaceburg shoppes, banks, restaurants, waterfront, library, live Little Theatre, Museum and all celebrations that the core presents! Quiet, family-friendly area. 5 mins to #40 hwy, 30 mins to both Sarnia, Chatham, and Hwy #401. Skip over to Michigan via ferry boat to head to Detroit to catch a plane, a game, or an event in 90 mins. **** EXTRAS **** Please book showings via Brokerbay. Minimum of 26-hour notice is required for the tenants before scheduling a viewing. One tenant is on shift work so his unit may not be open to view if he is sleeping. 1 unit is vacant. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Exterior Finish: Vinyl siding
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Refrigerator, Stove, Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 4
  • Amenities Nearby: Park, Schools, Hospital
  • Features: Conservation/green belt
  • Irregular: Yes
  • Lot Size: 70 x 135.22 FT
  • Utility Type: Cable - Installed, Sewer - Installed
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 13

Rooms:

  • Bedroom 2nd Level 6.00 m x 6.00 m
  • 2nd Bedroom 2nd Level 6.00 m x 6.00 m
  • 3rd Bedroom 2nd Level 6.00 m x 6.00 m
  • 4th Bedroom 2nd Level 6.00 m x 6.00 m
  • Bedroom Main Level 6.00 m x 6.00 m
  • 2nd Bedroom Main Level 6.00 m x 6.00 m
  • 3rd Bedroom Main Level 6.00 m x 6.00 m
  • 4th Bedroom Main Level 6.00 m x 6.00 m

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.