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$ 4,500,000
Est. payment | /mo
1,300 SqFt
$ 4,500,000
Est. payment | /mo
1,300 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1300
Square Footage 1,300 sqft
Price per Sqft $3,461
Subdivision Sarnia
MLS® Listing ID 40866396
Property Sub-Type Freehold
Property Description
Introducing a compelling investment opportunity with this 25-unit townhouse complex located in Sarnia, ON. Each unit features a spacious 2-bedroom layout with 1.5 baths, providing residents with comfortable and generous living spaces. Notably, 19 of the 25 units have been updated, offering a value-added investment proposition. Additionally, there is a 44% gap to rents, presenting an exciting opportunity for increased cash flow. Furthermore, the property benefits from an extra monthly cash flow from the solar panels installed on the roof. This is made up of 12 Towns at pin 730 Indian and 13 Towns at 716 Indian with a metal roof and the solar on 716 Indian. The list price is for both properties. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 37
Garage No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Burloak Real Estate Services
Nearby Locations
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