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716 N Indian Road N Sarnia, Ontario N7T 7H1

1300 sqft
Central Air Conditioning

$4,500,000

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:45725)

Property Details

MLS® Number 40866396
Property Type Multi-family
Parking Space Total 37

Building

Basement Development Unfinished
Basement Type Partial (unfinished)
Construction Material Wood Frame
Cooling Type Central Air Conditioning
Exterior Finish Wood
Heating Fuel Natural Gas
Stories Total 2
Size Interior 1300 Sqft
Utility Water Municipal Water

Parking

Open

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 190 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description R5

https://www.realtor.ca/real-estate/30343806/716-n-indian-road-n-sarnia

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