131 Margaret Avenue Wallaceburg, Ontario N8A 2A1
$799,900
Great Opportunity to take over this Wallaceburg 6-plex income generating property in a prime location! Currently 3 units are vacant and being fully renovated. Renovations completed in 2022, but not limited to, the roof, interior electrical, external 7-meter electrical connections, plumbing, windows, stairwell, doors, masonry work and now is awaiting your finishing touches. Once renos are finished, market rents will produce an overall 8%+ CAP rate and excellent income stream for those serious investors. Don't let this opportunity pass you by! (id:45615)
Property Details
| MLS® Number | 40412894 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Shopping |
| Equipment Type | None |
| Features | Southern Exposure |
| Rental Equipment Type | None |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 4 |
| Appliances | Water Meter |
| Basement Type | None |
| Construction Style Attachment | Detached |
| Cooling Type | Ductless |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 3900 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 108 Ft |
| Size Frontage | 70 Ft |
| Size Irregular | 0.177 |
| Size Total | 0.177 Ac|under 1/2 Acre |
| Size Total Text | 0.177 Ac|under 1/2 Acre |
| Zoning Description | R4 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25532849/131-margaret-avenue-wallaceburg
103a-240 Waterloo Street
London, Ontario N6B 2N4
(519) 672-9880
(519) 672-5145
www.royallepagetriland.com
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 02 2023 04:59:46
London and St. Thomas Association of REALTORS®
Royal LePage Triland Realty, Brokerage