136 VICTORIA STREET

Sarnia N7T 2T1

Great Investment, Great Location, Close to St. Clair River, down town shopping, parks, library, post office restaurants etc.!! All 6 units have been renovated and freshly painted. Seller is trying to have all apartments vacant and restored so the new buyers can charge whatever they feel is proper for todays increased rental amounts. Easy location to rent out and immediate possessions are available. Building has new steel roof installed 2019! Building offers separate hydro meters so each tenant can pay their own electric bills, except unit #1 because all buildings water usage is calculated there. Ample parking from either street. Rent collected for 2024 was $76,444 with a few vacancy's. Main floor has 2--1 Bed rm units that have forced air gas furnace. The two upper floors have 4-2 bed rm apartments with a separate gas boiler for heat. The building can now produce over $100,000 gross rent each year with low utility bills! Building was approved for fire safety approval in 2023. Don't miss out in this rare find. Call agent for details. (id:2493)