Home > Listing > Chatham-Kent > Multiplex > 131 Margaret Ave
131 Margaret Ave
Multiplex | 6 | 6 | 4 | 2500 - 3000 sqft
$699,900
Wallaceburg,Chatham-Kent,Ontario, N8A 2A2
131 Margaret Ave, Chatham-Kent Multiplex Photos
Properties with this icon are courtesy of TRREB.
Nearby Facilities
Map
Mortgage Calculator
More Information
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!
| School Name | Type | Grades | Catchment | Distance |
|---|---|---|---|---|
| {{ item.school_type }} | {{ item.school_grades }} | {{ item.is_catchment? 'In Catchment': '' }} | {{ item.distance }} |