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• 131 Margaret Ave, Chatham-Kent, ON N8A 2A2

$679,900 ^{FOR SALE}

Multiplex 2-Storey

Bedrooms: 6Bathrooms: 6Lot: 70 x 108 ft
2024 Taxes: $2,101.83

131 Margaret Ave
Chatham-Kent, ON N8A 2A2 | Wallaceburg

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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!

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Listed By	REAL BROKER ONTARIO LTD
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9299724
Last Updated	Oct 09, 2024

Property Summary

Property Type	Multiplex More like this: Chatham-Kent Multiplex for Sale
PIN	005600047
Legal Description	PT LT 30, 40 PL 117; PT PELLEW ST PL 117 CLOSED BY WA12852, AS IN 603739 EXCEPT THE EASEMENT THEREIN MUNICIPALITY CHATHAM-KENT
Parcel of Tied Land	N
Possession Date	Immed/Flex
Taxes (2024)	$2,101.83
Assessment (2024)	$120,000
Directions/Cross Streets	Between Main St and Napier St
Neighbourhood	Wallaceburg
Area	Chatham-Kent

Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information

Fronting On	N
Waterfront	None
Special Designations	Unknown
Bedrooms	6
Bathrooms	6
Rooms	6
Kitchens	6
Lot	70 x 108 ft
Approximate Square Footage	2500-3000
Approximate Age	100+
Exterior	Brick
Air Conditioning	Wall Unit
Family Room	N
Fireplace/Stove	N
Pool	None
Basement	Part Bsmt
Drive	Lane
Garage Spaces	0.0
Garage Type	None
Parking Spaces	4
Total Parking Spaces	4.0
Heat Source	Other
Heat Type	Other
Sewers	Sewers
Water	Municipal
Zoning	R4
Seller Property Info Statement	N

Bathrooms

Pieces	Level
3	2nd
3	Main

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