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131 Margaret Ave

Margaret Ave, Chatham Township, Chatham-Kent, ON, N8A 2A2

6
Beds
6
Baths
2,499 - 2,999
Sq. Ft.
$679,900
List Price
Details
Photos
23
Comparables
History
131 Margaret Ave, Chatham-Kent, ON - 1 of 3
131 Margaret Ave, Chatham-Kent, ON - 2 of 3
131 Margaret Ave, Chatham-Kent, ON - 3 of 3
48 days on market

Quick Summary

  • Valuable multi-unit property with river views
  • Recently renovated units with market-ready rents
  • Significant upside potential with unrenovated units
  • Extensive updates including new roof and HVAC
  • Modern kitchens and bathrooms in renovated units
  • Separate hydro meters for tenant cost savings
  • Priced to sell for quick investment opportunity

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... Show More

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:54626)

Property Details

Size

2,499 - 2,999 sq. ft.
across 2 floors
6 Beds
6 Above Grade
6 Baths
6 Full

Parking

4 Parking Spaces
-

Lot

Size
840′0″ * 1296′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Other
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X9299724
Last Updated
October 9, 2024
Brokerage
REAL BROKER ONTARIO LTD
Powered by: REALTOR.ca
Call us 800-591-0566

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