Introducing a compelling investment opportunity with this 25-unit townhouse complex located in Sarnia, ON. Each unit features a spacious 2-bedroom layout with 1.5 baths, providing residents with comfortable and generous living spaces. Notably, 19 of the 25 units have been updated, offering a value-added investment proposition. Additionally, there is a 44% gap to rents, presenting an exciting opportunity for increased cash flow. Furthermore, the property benefits from an extra monthly cash flow from the solar panels installed on the roof. This is made up of 12 Towns at pin 730 Indian and 13 Towns at 716 Indian with a metal roof and the solar on 716 Indian. The list price is for both properties. (id:15069)
| MLS® Number | 40867346 |
| Property Type | Multi-family |
| Parking Space Total | 37 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Construction Material | Wood Frame |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Wood |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 1,300 Sqft |
| Utility Water | Municipal Water |
| Open |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 176 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | R5 |
https://www.realtor.ca/real-estate/30343801/730-n-indian-road-n-sarnia
Contact us for more information
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)