136 VICTORIA STREET

Sarnia N7T 2T1

FABULOUS INVESTMENT IN GREAT LOCATION! OVER THE LAST YEAR ALL TENANTS HAVE BEEN REMOVED (EXCEPT ONE) SO EACH APARTMENT COULD BE RENOVATED. ALL RENOVATIONS ARE NOW COMPLETE AND THE BUYERS ARE FREE TO CHARGE ANY RENTS THEY FEEL IS FARE. UNIT #1 ALSO HAD ALL NEW KITCHEN CABINITS, COUNTER TOPS FLOORING, NEW BATHRM WITH SHOWER, NEW FIXTURES ALL PAINTED ETC. ETC. THE BUILDING IS SEPERATELY METERED SO THE TENANTS PAY THEIR OWN HYDRO. BRAND NEW FURNACE 2026, NEW STEEL ROOF 2019. THE BUILDING WAS UPDATED TO SATISFY FIRE INSPECTION TO CODE IN 2023. 4-2 BEDRM UNITS AND 2-1 BEDRM UNITS. NEW INCOME FOR 2026 WILL GROSS OVER $100,000 AND EXPENSES WERE ONLY $18,000 LAST YEAR INCLUDING ( PROPERTY TAXES $4189, INSURANCE $3154, HEAT AND WATER $10,682 ) VERY HIGH CAP RATE!!! EASY TO RENT, ACROSS FROM PARK, NEAR DOWNTOWN AND SHORT WALK TO ST. CLAIR RIVER. OWNER WILL KEEP BUILDING VACANT SO ITS EASIER TO SHOW. (id:2493)