567 Duncan Street, Wallaceburg, Ontario N8A 4E9 (21993468)


LOADING

567 Duncan Street Wallaceburg, Ontario N8A 4E9

2 Bedroom
None Forced Air, Space Heater

$469,000

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:29438)

Business

Business Type Residential

Property Details

MLS® Number 30809203
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Schools
Community Features Quiet Area
Equipment Type None
Features Park Setting, Park/reserve, Conservation/green Belt, Double Width Or More Driveway, Crushed Stone Driveway
Parking Space Total 7
Rental Equipment Type None

Building

Bedrooms Total 2
Basement Type None
Constructed Date 1945
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air, Space Heater
Stories Total 2
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage
Gravel

Land

Access Type Highway Nearby
Acreage No
Fence Type Partially Fenced
Land Amenities Hospital, Park, Place Of Worship, Schools
Sewer Municipal Sewage System
Size Depth 135 Ft
Size Frontage 70 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

Utilities

Water Available

https://www.realtor.ca/real-estate/21993468/567-duncan-street-wallaceburg

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