ON
Sarnia
N7T3A7
130-132 Forsyth S Street
130-132 Forsyth S Street, Sarnia, ON N7T3A7
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Listing Type
Multi Family
Listing Status
Active
49
$499,900

Home Details for 130-132 Forsyth S Street

Price
$499,900
Type
Residential Income
Bedrooms
10
Total Bathrooms
7
Listing #
X12924850
Property Description

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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Window Unit(s)
Listing Courtesy: RE/MAX METROPOLIS REALTY
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8
Ralph Hewitt
License #: 4750843
Sales Representative
Office
613 822 8999
Agent
613 220 7299
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