567 DUNCAN Street

Multi-family For Sale in Wallaceburg, Ontario


Great INVESTMENT OPPORTUNITY in Wallaceburg! Super low vacancy rates. BRAND new Metal roofing and eavestroughs 2020. ANNUAL GROSS INCOME of $38,598 resulting in $17,948 in TOTAL EARNINGS in your Pocket! (net cash flow of $10,091 + $7,587 mortgage pay down). FOUR 2 bdrm units - Zoned MPAC as Residential 3 units plus 4th unit. EASY, low maintenance, well-designed 2 bdrm units that are each approx 740 sq ft and self-sufficient. Units 1 & 2 (upper level with exterior staircase 2012) are heated with Empire Console Vented heating systems (2012). Units 3 & 4 (Main level) are heated with FAG Furnace 2007. Three units pay their own utilities, and Unit 3 is all-inclusive (can be changed to exclude utilities). Hot water tanks are owned. Carpet free. Single-detached garage. Parking for 7 cars. Enjoy watching the kids safely play at King George Park right across the street. Two-minute walk to Running Creek trail & Crothers Park or Sydenham River to enjoy fishing, playground equipment, or picnic. Two-minute walk to downtown Wallaceburg shoppes, banks, restaurants, waterfront, library, WAMBO, Museum and all celebrations that the core presents! Quiet, family-friendly area. 5 mins to #40 hwy, 30 mins to Sarnia (& Hwy402), Chatham, and Hwy #401. Skip over to Michigan via ferry boat to head to Detroit to catch a plane, a game, or an event in 90 mins. (id:4069)

Address 567 DUNCAN Street
List Price $469,000
Property Type Multi-family
Type of Dwelling Fourplex
Area Ontario
Sub-Area Wallaceburg
Bedrooms 2
Year Built 1945
MLS® Number 30809203
Postal Code N8A4E9
Zoning R4

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Wayne Liddy

Royal LePage Peifer Realty Inc. Brokerage

195 Mercer St. Chatham Ontario N7M4B4

Mobile: 519-436-4810

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