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131 Margaret Ave

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

6
Beds
6
Baths
$699,900
List Price
Details
Photos
21
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
51 days on market

Quick Summary

  • 6 units with river views
  • 3 renovated units with upgrades
  • New roof and sheeting
  • Ductless heat and AC
  • New kitchens and bathrooms
  • LVP flooring and brickwork
  • 7 panels for tenant hydro
  • Priced to sell

Value Add Opportunity! 6 units in the heart of Wallaceburg. 131 Margaret Ave is situated across from the Sydenham River with river views from the 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... 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 the 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, ductless heat/AC in renovated units, new kitchens with stainless steel appliances, new bathrooms, LVP flooring and extensive brick work. 7 panels and meters allow for tenants to pay for their own hydro separately. 3 units are in need of a renovation (1 vacant, 2 tenanted). Gas expenses can be reduced or eliminated with adding ductless heat/AC to unrenovated units. Priced to sell! (id:54626)

Property Details

Size

Sq. Ft. Not Available
1 total rooms across 2 floors
6 Beds
6 Above Grade
6 Baths
6 Full

Parking

4 Parking Spaces
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick, Vinyl siding
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Rooms

Kitchen

11′5″ x 11′5″

Source

Listing Brokerage

MLS® Listing
X8185378
Last Updated
May 14, 2024
Brokerage
REAL BROKER ONTARIO LTD
Powered by: REALTOR.ca
Call us 800-591-0566

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