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:61499)
| MLS® Number | 40866396 |
| Property Type | Multi-family |
| ParkingSpaceTotal | 37 |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructionMaterial | Wood Frame |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Wood |
| HeatingFuel | Natural Gas |
| StoriesTotal | 2 |
| SizeInterior | 1300 Sqft |
| UtilityWater | Municipal Water |
| Open |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeFrontage | 190 Ft |
| SizeTotalText | 1/2 - 1.99 Acres |
| ZoningDescription | R5 |
https://www.realtor.ca/real-estate/30343806/716-n-indian-road-n-sarnia
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