289 Indian Road S Sarnia, Ontario N7T 3W6
$2,195,000
Welcome to this beautifully renovated 12-unit multifamily property located in the area of South Sarnia. Having undergone extensive upgrades, this investment opportunity is truly an investor's dream. The exterior boasts fresh paint, new windows, doors, and upgraded mailboxes, presenting a modern and inviting appearance. Inside, the common areas have been thoughtfully updated, featuring a new boiler system, separate metered system, coin laundry and luxurious in-floor heating in the hallways. Six of the units have been completely renovated to meet contemporary standards, while the remaining units offer significant potential for added value and increased rental income once finished.This prime location offers convenient access to local amenities, schools, and major highways, making it highly appealing to tenants. With plenty of upside potential and the hard work already done, this property presents a rare opportunity to secure a strong return on investment. Don't miss out on owning a piece of South Sarnia's real estate market. (id:39382)
Property Details
| MLS® Number | X12173937 |
| Property Type | Multi-family |
| Community Name | Sarnia |
| AmenitiesNearBy | Hospital, Park, Schools |
| EquipmentType | Water Heater - Gas |
| ParkingSpaceTotal | 12 |
| RentalEquipmentType | Water Heater - Gas |
Building
| BathroomTotal | 12 |
| BedroomsAboveGround | 12 |
| BedroomsTotal | 12 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Stove, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Hospital, Park, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 176 Ft |
| SizeFrontage | 92 Ft |
| SizeIrregular | 92 X 176 Ft |
| SizeTotalText | 92 X 176 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28367693/289-indian-road-s-sarnia-sarnia
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May 29 2025 08:47:35
London and St. Thomas Association of REALTORS®
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