131 Margaret Avenue, Chatham Kent Wallaceburg
- Bedrooms: 6
- Bathrooms: 6
- Added: 17 days ago
- Updated: 2 days ago
- Last Checked: 23 hours ago
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! (id:1945)
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Property Details
- Cooling: Wall unit
- Heating: Other
- Stories: 2
- Structure Type: Other
- Exterior Features: Brick
Interior Features
- Basement: Partial
- Appliances: Refrigerator, Stove, Water Heater
- Bedrooms Total: 6
Exterior & Lot Features
- Lot Features: Lane
- Water Source: Municipal water
- Parking Total: 4
- Lot Size Dimensions: 70 x 108 FT
Location & Community
- Directions: Between Main St and Napier St
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Year: 2024
- Tax Annual Amount: 2101.83
- Zoning Description: R4
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