567 Duncan Street Wallaceburg, Ontario N8A 4E9
$549,000
Great INVESTMENT OPPORTUNITY in Wallaceburg! Super low vacancy rates. ANNUAL GROSS INCOME of $40,200 resulting in $21,000 in TOTAL EARNINGS in your Pocket! (net cash flow of $10,911 + $10,809 mortgage pay down). FOUR 2 bdrm units - Residential FOURPLEX!! EASY, low maintenance, well-designed 2 bdrm units that are each approx 675 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. Hot water tanks are owned. Carpet free. Single-detached garage and carport. Parking for 8 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, live Little Theatre, Museum and all celebrations that the core presents! Quiet, family-friendly area. 5 mins to #40 hwy, 30 mins to both Sarnia, 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)
Property Details
| MLS® Number | 40066861 |
| Property Type | Multi-family |
| Amenities Near By | 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 | 8 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 8 |
| 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 |
| Size Interior | 2800 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Gravel |
Land
| Access Type | Highway Nearby |
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | 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 |
https://www.realtor.ca/real-estate/22817902/567-duncan-street-wallaceburg
Interested in this property?
Claudio Baiocchi, REALTOR®
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Cambridge Association of REALTORS® Inc.
RE/MAX Twin City Realty Inc., Brokerage
February 15 2021 02:04:45
