716 N Indian Road N, Sarnia, Ontario N7T 7H1

Listed for:
$4,500,000
0 beds
0 baths
Listed 23 days ago
716 N Indian Road N, Sarnia, Ontario N7T 7H1

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About

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:27476)

Property Highlights

MLS® Number
40866396
Type
Multi-family
Ownership Type
Freehold
Land Size
1/2 - 1.99 acres
Parking Space Total
37

Building

Storeys
2.00
Square Footage
1300 sqft
Exterior Finish
Wood
Fireplace Present
No
Basement Type
Partial (Unfinished)
Basement Features
Building Heating Type
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Royal LePage Burloak Real Estate Services
MLS® number:
40866396
Agent:
Scott Gawne
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