186 Queen Street Sarnia, Ontario N7T 2R6
$3,499,500
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:58043)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X8447362 |
| Property Type | Multi-family |
| Community Name | Sarnia |
| ParkingSpaceTotal | 32 |
Building
| BathroomTotal | 28 |
| Appliances | Dryer, Refrigerator, Stove, Two Washers |
| CoolingType | Fully Air Conditioned |
| HeatingType | Other |
| SizeExterior | 15000 Sqft |
| SizeInterior | 15000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 166 Ft |
| SizeFrontage | 150 Ft |
| SizeIrregular | Bldg=150 X 166 Ft |
| SizeTotalText | Bldg=150 X 166 Ft |
| ZoningDescription | Urban Residential 5 (ur5 |
https://www.realtor.ca/real-estate/27050646/186-queen-street-sarnia-sarnia
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Eavan Travers
Salesperson
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September 03 2024 11:36:09
London and St. Thomas Association of REALTORS®
RE/MAX Advantage Realty Ltd.