186 Queen Street Sarnia, Ontario N7T 2R6
$3,600,000
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:37319)
Property Details
| MLS® Number | 40571623 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Playground, Public Transit |
| Community Features | Quiet Area |
| Equipment Type | Other |
| Features | Visual Exposure, Laundry- Coin Operated |
| Parking Space Total | 32 |
| Rental Equipment Type | Other |
Building
| Bathroom Total | 28 |
| Bedrooms Total | 28 |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1968 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Unknown |
| Fireplace Present | No |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 15000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 166 Ft |
| Size Frontage | 150 Ft |
| Size Irregular | 0.58 |
| Size Total | 0.58 Ac|1/2 - 1.99 Acres |
| Size Total Text | 0.58 Ac|1/2 - 1.99 Acres |
| Zoning Description | Urban Residential 5 (ur5) |
https://www.realtor.ca/real-estate/26757303/186-queen-street-sarnia
Interested?
Contact us for more information
Eavan Travers
Salesperson
151 Pine Valley Blvd.
London, Ontario N6K 3T6
(519) 649-6000
(519) 649-4698
www.advantagerealtylondon.com/
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®)
London and St. Thomas Association of REALTORS®
RE/MAX Advantage Realty Ltd., Brokerage
April 29 2024 08:31:48
