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Type: Investment
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Property Type: Commercial
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Business Type: Apts-6 To 12 Units
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Zoning: R5
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Age: 31-50 years
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Taxes: 11796
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MLS®#: X9398464
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Days on Site: 30 Days
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Added: Oct 15, 2024 (2 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: PRIME REAL ESTATE BROKERAGE
Welcome to this PRIME nine-unit purpose-built multifamily property located in the heart of Sarnia, Ontario. Each unit is separately metered, offering tenants control over their utility expenses. Six of the nine units have been beautifully renovated and are currently generating near market rent, presenting a fantastic opportunity for investors to further enhance the remaining units and maximize rental income. With potential for additional laundry income within the building, this property is ripe for growth. The roof is only seven years old, ensuring peace of mind for years to come. Conveniently situated near hospitals, schools, and the Port Huron border, this multifamily gem is an excellent addition to any investment portfolio. Dont miss out on this great opportunity! Financials available upon request.
Property
Status: Sale
Type: Apts-6 To 12 Units
Property Type: Investment
Property Type: Apartment
Age: 31-50
Area: Sarnia
Community: Sarnia
Availability Date: Flexible
Inside
Air Conditioning: N
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2023
Tax Legal Description: LT 52-53 PL 292 SARNIA CITY; SARNIA
Taxes: $11,796
Taxes Type: Annual
Land
Cross Street: Walnut Ave S & Kathl
Municipality District: Sarnia
Parcel Number: 432290114
Sewer: Sanitary
Lot Depth: 133.34 Feet
Lot Frontage: 112.36 Feet
Zoning: R5
Commercial Specific
Rail: N
Sprinklers: N
Total Area: 14962
Total Area Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Franchise: N
Tangible Property Included: N
Lot Code: Lot
Financial Statement: N
Somewhat Walkable
- Some errands can be accomplished on foot.
Bikeable
- Some errands can be accomplished on bike.
Hanna Memorial Public School
Elementary: PublicQueen Elizabeth II School
Elementary: PublicLansdowne Public School
Elementary: PublicSt. Matthew Catholic School
Elementary: CatholicHoly Trinity Catholic School
Elementary: CatholicP.E. McGibbon Public School
Elementary: PublicGreat Lakes Secondary School
Secondary: PublicÉcole secondaire Franco-Jeunesse
Secondary: PublicÉcole secondaire catholique École secondaire Saint-François-Xavier
Secondary: CatholicAlexander Mackenzie Secondary School
Secondary: PublicNorthern Collegiate Institute and Vocational School
Secondary: PublicSt Patrick's Catholic Secondary School
Secondary: Catholic-
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