121 Walnut Avenue South, Sarnia | Image 1

121 Walnut Avenue South

Sarnia, Sarnia

  • Commercial

$X,XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R5

  • Age: 31-50 years

  • Taxes: 11796

  • MLS®#: X9398464

  • Days on Site: 30 Days

  • Added: Oct 15, 2024 (1 month ago)

  • Updated:

  • Last Checked: 6 hours ago

  • 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

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Somewhat Walkable

  • Some errands can be accomplished on foot.
53 /100

Bikeable

  • Some errands can be accomplished on bike.
56 /100
Map of 121 Walnut Avenue South, Sarnia
JK-8

Hanna Memorial Public School

Elementary: Public
0.91 km
JK-8

Queen Elizabeth II School

Elementary: Public
0.81 km
JK-8

Lansdowne Public School

Elementary: Public
1.06 km
JK-8

St. Matthew Catholic School

Elementary: Catholic
0.30 km
JK-8

Holy Trinity Catholic School

Elementary: Catholic
0.82 km
JK-8

P.E. McGibbon Public School

Elementary: Public
0.85 km
9-12

Great Lakes Secondary School

Secondary: Public
1.54 km
9-12

École secondaire Franco-Jeunesse

Secondary: Public
3.78 km
9-12

École secondaire catholique École secondaire Saint-François-Xavier

Secondary: Catholic
3.54 km
9-12

Alexander Mackenzie Secondary School

Secondary: Public
3.74 km
9-12

Northern Collegiate Institute and Vocational School

Secondary: Public
3.34 km
9-12

St Patrick's Catholic Secondary School

Secondary: Catholic
3.78 km

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