$1,100,000
$1,150,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
9 Baths
SOLD DATE : 01/21/2025
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X9398463
Sold Date 01/21/25
Style 3-Storey
Bedrooms 14
Annual Tax Amount $11,796
Tax Year 2023
Property Description
Welcome to this PRIME nine-unit purpose-built multifamily property located in the heart of Sarnia, Ontario. Each unit is separately metered, offering tenants control over their utility expenses. Six of the nine units have been beautifully renovated and are currently generating near market rent, presenting a fantastic opportunity for investors to further enhance the remaining units and maximize rental income. With potential for additional laundry income within the building, this property is ripe for growth. The roof is only seven years old, ensuring peace of mind for years to come. Conveniently situated near hospitals, schools, and the Port Huron border, this multifamily gem is an excellent addition to any investment portfolio. Dont miss out on this great opportunity! Financials available upon request.
Location
Province ON
County Lambton
Community Sarnia
Area Lambton
Zoning R5
Region Sarnia
City Region Sarnia
Rooms
Family Room No
Basement Full, Partially Finished
Kitchen 9
Separate Den/Office 5
Interior
Interior Features Other, Separate Heating Controls
Cooling None
Exterior
Parking Features Mutual
Garage Spaces 9.0
Pool None
Roof Type Tar and Gravel
Lot Frontage 112.36
Lot Depth 133.34
Total Parking Spaces 9
Building
Foundation Block
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