$3,600,000 $19,326 est/mo Sourced by Back At You

186 Queen Street,Sarnia, ON N7T 2R6

Sarnia ON, N7T 2R6

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Description

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.

Details

MLS#40571623
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1968
Days On Site31
Listing Provided ByRE/MAX ADVANTAGE REALTY LTD., BROKERAGE | Eavan Travers

Features

Bed(s)28
Bath(s)28
SQ Feet15,000
BasementY
Story(s)2
Units28
ZoningUrban Residential 5 (UR5)
Acreage0.58
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 2 minutes ago
ProvinceON
CountyLambton
CitySarnia
Postal CodeN7T 2R6
AreaSarnia
SubareaSarnia
Community NameSarnia
Listing VS Median (in Sarnia)
Price:
$3,600,000
low | high
Med:
$424,450
100% of Average
SqFt:
15,000
low | high
Med:
1,075
100% of Average
$ / SqFt:
$240
low | high
Med:
$416
23.43074845679% of Average
On Site:
31
low | high
Med:
69.500000
44.604316546763% of Average
Sourced by Back At You
Listing Updated: May 16, 2024 at 10:46:39 AM PDT