130-132 Forsyth Street S Sarnia, Ontario N7T 3A7

$499,900

CALLING ALL INVESTORS! RARE 7-PLEX INVESTMENT OPPORTUNITY WITH STRONG EXISTING CASH FLOW & SIGNIFICANT VALUE-ADD POTENTIAL IN CENTRAL SARNIA WITH ALL AMENITIES & TRANSPORTATION CLOSE BY FOR ALL TENANTS. 6 OUT OT 7 UNITS ARE PRESENTLY OCCUPIED, PROVIDING IMMEDIATE CASH FLOW WHILE POSITIONING THE ASSET. ONLY 1-1 BEDROOM UNIT IS CURRENTLY FOR LEASE @ $1,000/MONTH. FOUR SEPARATELY OWNED HOT WATER TANKS, & 2 FURNANCES ALL OWNED. ALL WINDOW A/C UNITS. THE BUILDING CONSISTS OF: 130 FORSYTH SIDE: 1-2 BEDROOM & 2-1 BEDROOMS & ON THE 132 FORSYTH SIDE: 1-3 BEDROOM & 3-1 BEDROOMS. SUITABLE FOR INVESTORS THAT WANT A MULTI FAMILY WITH A 8% CAP RATE WITH STEADY INCOME WITH TENANTS THAT CHOOSE A LOW-MAINTENANCE LIFESTYLE. (id:55460)

Property Details

MLS® Number	X12924850
Property Type	Multi-family
Community Name	Sarnia

Building

Bathroom Total	7
Bedrooms Above Ground	10
Bedrooms Total	10
Basement Type	None
Cooling Type	Window Air Conditioner
Exterior Finish	Aluminum Siding, Vinyl Siding
Foundation Type	Unknown
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	3,000 - 3,500 Ft2
Type	Other
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	81 Ft
Size Frontage	50 Ft
Size Irregular	50 X 81 Ft
Size Total Text	50 X 81 Ft

https://www.realtor.ca/real-estate/29520618/130-132-forsyth-street-s-sarnia-sarnia