310 Mitton Street South, Sarnia, Ontario

About 310 Mitton Street South

A RARE FIND, 5 APARTMENTS WITH TENANTS AND PROPERTY MANAGEMENT IN PLACE ON A LARGE CORNER LOT. 4 BEDROOM UNITS AND 1 BACHELOR, EACH WITH ONE BATHROOM. PLENTY OF PARKING. 3 UNITS RECENTLY RENOVATED IN (2022) WITH NEW KITCHENS, 4 PC BATHS, FLOORING, PAINT AND DECOR AND CURRENT RENTS AND HYDRO. COMMON AREA ALSO RENOVATED IN 2022. THE EXTERIOR IS REFRESHED WITH A NEW FRONT AND REAR ENTRYWAYS ALONG WITH UPDATED PAINT AND FRESH GRAVEL PARKING LOT. THE COMMON AREAS ALSO INCLUDES A NEW SURVEILLANCE SYSTEM. LOWER FLOOR COIN-OP LAUNDRY WITH SPACE FOR POTENTIAL ADDITIONAL INCOME OR INDIVIDUAL UNIT STORAGE SET UP. 5 HYDRO METERS. DON'T MISS THE EXCELLENT OPPORTUNITY TO ADD THIS PROPERTY LOCATED IN A GENTRIFYING AREA TO YOUR PORTFOLIO. GROSS ANNUAL INCOME $55,400. ESTIMATED ANNUAL EXPENSES $13,700. (id:36535)

Listing Map