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$ 2,195,000
Est. payment /mo
New
289 Indian RD S Sarnia, ON N7T 3W6
12 Beds
12 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Sarnia
MLS Listing ID X12173937
Style 2-Storey
Bedrooms 12
Building Age 51-99
Annual Tax Amount $9,108
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Welcome to this beautifully renovated 12-unit multifamily property located in the area of South Sarnia. Having undergone extensive upgrades, this investment opportunity is truly an investor's dream. The exterior boasts fresh paint, new windows, doors, and upgraded mailboxes, presenting a modern and inviting appearance. Inside, the common areas have been thoughtfully updated, featuring a new boiler system, separate metered system, coin laundry and luxurious in-floor heating in the hallways. Six of the units have been completely renovated to meet contemporary standards, while the remaining units offer significant potential for added value and increased rental income once finished.This prime location offers convenient access to local amenities, schools, and major highways, making it highly appealing to tenants. With plenty of upside potential and the hard work already done, this property presents a rare opportunity to secure a strong return on investment. Don't miss out on owning a piece of South Sarnia's real estate market.
Location
State ON
County Lambton
Community Sarnia
Area Lambton
Rooms
Family Room No
Basement Finished
Kitchen 12
Interior
Interior Features Water Heater, Separate Hydro Meter
Cooling Central Air
Inclusions all units - fridge & stove
Exterior
Parking Features Available
Pool None
Roof Type Membrane,Tar and Gravel
Lot Frontage 92.0
Lot Depth 176.0
Total Parking Spaces 12
Building
Foundation Concrete
Others
Senior Community No
Listed by PRIME REAL ESTATE BROKERAGE