$684,900

House For Sale In Sarnia, Ontario

$684,900
  • 4+1

    Bedrooms

  • 5

    Baths

  • 80X100

    Lot Size

Property Information:

A RARE FIND, 5 APARTMENTS WITH TENANTS AND PROPERTY MANAGEMENT IN PLACE ON A LARGE CORNER LOT. 4 BEDROOM UNITS AND 1 BACHELOR, EACH WITH ONE BATHROOM. PLENTY OF PARKING. 3 UNITS RECENTLY RENOVATED IN (2022) WITH NEW KITCHENS, 4 PC BATHS, FLOORING, PAINT AND DECOR AND CURRENT RENTS AND HYDRO. COMMON AREA ALSO RENOVATED IN 2022. THE EXTERIOR IS REFRESHED WITH A NEW FRONT AND REAR ENTRYWAYS ALONG WITH UPDATED PAINT AND FRESH GRAVEL PARKING LOT. THE COMMON AREAS ALSO INCLUDES A NEW SURVEILLANCE SYSTEM. LOWER FLOOR COIN-OP LAUNDRY WITH SPACE FOR POTENTIAL ADDITIONAL INCOME OR INDIVIDUAL UNIT STORAGE SET UP. 5 HYDRO METERS. DON'T MISS THE EXCELLENT OPPORTUNITY TO ADD THIS PROPERTY LOCATED IN A GENTRIFYING AREA TO YOUR PORTFOLIO. GROSS ANNUAL INCOME $55,400. ESTIMATED ANNUAL EXPENSES $13,700. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Construction Style - Attachment: Detached
  • Exterior Finish:
  • Flooring Type: Hardwood, Laminate
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Refrigerator, Stove, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4+1
  • Bathrooms: 5
  • Features:
  • Irregular: Yes
  • Lot Size: 80X100
  • Zoning: UR2-1

Rooms:

  • Foyer Main Level 6 x 6

Courtesy of: RE/MAX Sarnia Realty Inc

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