Value Add Opportunity! 6 units in the heart of Wallaceburg. 131 Margaret Ave is situated across from the Sydenham River with river views from 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 (2023), ductless heat/AC in renovated units (2023), new kitchens with stainless steel appliances (2023), new bathrooms (2023), LVP flooring (2023) and extensive brickwork (2023). 7 hydro panels and meters allow for tenants to pay for their own hydro separately. 3 units are in need of a renovation (2 vacant, 1 tenanted). Priced to sell! (36666021)
Between Main St and Napier St
Property Type
Multi-family
Annual Property Taxes
$2,101.83 (CAD)
Time on REALTOR.ca
24 days
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