view of front of home with a porch Features: horizontal siding, porch, downspout, fence, gutters More Photos

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    For Sale - 130-132 Forsyth Street, Sarnia, Ontario

    Est payment $2,400/mo
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    Views   2
    Time on Jump  6 day

    AI Summary *

    • Rare 7-plex investment opportunity with strong existing cash flow.
    • Six out of seven units currently occupied for immediate income.
    • One lease available at $1,000/month for a 1-bedroom unit.
    • Building includes separate hot water tanks and owned furnaces.
    • Ideal for investors desiring multi-family with an 8% cap rate.




    Calling all investors! Rare 7-plex investment opportunity with strong existing cash flow & significant value-add potential in central sarnia with all amenities & transportation close by for all tenants. 6 out ot 7 units are presently occupied, providing immediate cash flow while positioning the asset. Only 1-1 bedroom unit is currently for lease @ $1,000/month. Four separately owned hot water tanks, & 2 furnances all owned. All window a/c units. The building consists of: 130 forsyth side: 1-2 bedroom & 2-1 bedrooms & on the 132 forsyth side: 1-3 bedroom & 3-1 bedrooms. Suitable for investors that want a multi family with a 8% cap rate with steady income with tenants that choose a low-maintenance lifestyle.
    Listing IDX12924850
    Address130-132 Forsyth Street
    CitySarnia, Ontario
    Price$499,900
    Bed / Bath10 / 7 Full
    Style2-Storey, Multiplex
    ConstructionAluminum Siding, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement NoneFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  RE/MAX METROPOLIS REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    130-132 Forsyth Street
    Sarnia , Ontario
    10 7 $499,900
    Get more info