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186 Queen Street Sarnia, Ontario N7T 2R6

28 Bedroom 28 Bathroom 15000
None

$3,600,000

Opportunity to acquire property with substantial leverage potential. Unique 28 spacious 1-bedroom units, in 2 story walk-up apartment complex. 186 Queen Street Sarnia is a short walk to Sarnia's beautiful waterfront, close to public transit and a walkability score over 70. 14 units renovated top to bottom with quality finishes! Currently one vacancy being updated. Rental features include on-site laundry, 32 surface parking and storage units for Tenants. All units accessed from an exterior door onto verandas or common areas. Recent improvements include building exterior repainting, electrical work, gas fired boiler system 2022, updated fire alarm 2024 and partial window replacements. With many renovations already completed, this represents an opportunity to increase returns on this solid investment. (id:48675)

Property Details

MLS® Number 40571623
Property Type Multi-family
Amenities Near By Place Of Worship, Playground, Public Transit
Community Features Quiet Area
Equipment Type Other
Features Visual Exposure, Laundry- Coin Operated
Parking Space Total 32
Rental Equipment Type Other

Building

Bathroom Total 28
Bedrooms Total 28
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Constructed Date 1968
Cooling Type None
Exterior Finish Brick
Fire Protection Unknown
Foundation Type Block
Heating Fuel Natural Gas
Stories Total 2
Size Interior 15000
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Place Of Worship, Playground, Public Transit
Sewer Municipal Sewage System
Size Depth 166 Ft
Size Frontage 150 Ft
Size Irregular 0.58
Size Total 0.58 Ac|1/2 - 1.99 Acres
Size Total Text 0.58 Ac|1/2 - 1.99 Acres
Zoning Description Urban Residential 5 (ur5)

https://www.realtor.ca/real-estate/26757303/186-queen-street-sarnia

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RE/MAX Advantage Realty Ltd., Brokerage
151 Pine Valley Blvd.
London, Ontario N6K 3T6

(519) 649-6000
(519) 649-4698
www.advantagerealtylondon.com/

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