186 Queen St

Queen St, Downtown Sarnia, Sarnia, ON, N7T 2R6

Beds

Baths

15,000

Sq. Ft.

$3,600,000

List Price

New

18 days on market

Quick Summary

Substantial leverage potential for investment
28 spacious 1-bedroom units in 2-story complex
Short walk to Sarnia's beautiful waterfront
High walkability score over 70
14 units renovated with quality finishes
On-site laundry and 32 surface parking
Recent improvements to building exterior
Opportunity to increase returns on investment

Opportunity to acquire property with substantial leverage potential. Unique 28 spacious 1-bedroom units, in 2 story walk-up apartment complex. 186 Queen Street Sarnia is a short walk to Sarnia's beautiful waterfront, close to public transit and a walkability score over 70. 14 units renovated top to bottom with quality finishes! Currently one vacancy being updated. Rental features include on-site laundry, 32 surface parking and storage units for Tenants. All units accessed from an exterior door onto verandas or common areas. Recent improvements include building exterior repainting, electrical work, gas fired boiler system 2022, updated fire alarm 2024 and partial window replacements. With many renovations already completed, this represents an opportunity to increase returns on this solid investment. (id:54626)

Property Details

Size

15,000 sq. ft.

across 2 floors

28 Beds

28 Baths

28 Full

Parking

32 Parking Spaces

Lot

Size

1800′ * 1992′

Acres

Build

Year Built

1968

Model Name

Basement

Partially finished

Exterior

Brick

Foundation

Block

Builder Name

Stories

Flooring

Roof

Heating & Cooling

Heating

Cooling

None

Utilities

Water

Municipal water

Sewer

Municipal sewage system

SHOW LESS

Ownership Details

Ownership

Title

Freehold

Zoning

Source

Listing Brokerage

MLS® Listing

40571623

Brokerage

RE/MAX ADVANTAGE REALTY LTD., BROKERAGE

MLS® Listing

40571623

Last Updated

April 29, 2024

Brokerage

RE/MAX ADVANTAGE REALTY LTD., BROKERAGE

Call us 800-591-0566

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