White siding exterior with a dark shingle roof Features: stoop, downspout, parking pad, horizontal siding, gutters, concrete block foundation More Photos

×

    For Sale - 368 Maxwell Street, Sarnia, Ontario

    Est payment $1,801/mo
    Get pre-qualified
    Views   1
    Time on Jump  9 day




    Attention investors! Outstanding opportunity to acquire a cash-flowing duplex in the heart of sarnia, offering three self-contained units and strong income potential at an affordable price point. With a total of 7 bedrooms, 3 bathrooms, and 3 full kitchens, this purpose-built income property is an excellent addition to any investment portfolio. This property is currently generating $4,000 per month ($48,000 annually) in gross rental income, with all rents inclusive. Current rental breakdown is as follows: unit 1-$1,400/month (scheduled to be vacant mid-august, with the seller willing to make provisions to secure a new tenant prior to closing, subject to the terms of the agreement of purchase and sale), unit 2- $1,650/month and unit 3-$950/month. Based on previous years' operating figures, annual expenses are estimated at approximately: gas -$2,700, hydro & water-$6,206, insurance-$1,200, maintenance-$ 1,800, and property taxes -$3,100. The hot water tank is owned, eliminating rental costs. This results in an attractive estimated net operating income, making this a rare opportunity to acquire a positive cash-flow investment property for under $400,000. Conveniently located close to amenities, schools, shopping and public transit, this property offers stable rental demand and long-term investment potential. Property is being sold as is, where is, as the seller will provide limited representations and warranties with respect to the property. A fantastic opportunity for investors seeking immediate income with future upside.
    Listing IDX13565718
    Address368 Maxwell Street
    CitySarnia, Ontario
    Price$374,999
    Bed / Bath7 / 3 Full
    StyleBungalow, Duplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features NoneOwnership FreeholdBasement UnfinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
    ASAP

    Sat

    25

    Jul

    Sun

    26

    Jul

    Mon

    27

    Jul

    Tue

    28

    Jul

    Wed

    29

    Jul

    Thu

    30

    Jul

    Fri

    31

    Jul

    Sat

    1

    Aug

    Sun

    2

    Aug

    Mon

    3

    Aug

    Tue

    4

    Aug

    Wed

    5

    Aug

    Thu

    6

    Aug

    Fri

    7

    Aug

    Sat

    8

    Aug

    Sun

    9

    Aug

    Mon

    10

    Aug

    Tue

    11

    Aug

    Wed

    12

    Aug

    Thu

    13

    Aug

    Fri

    14

    Aug

    Sat

    15

    Aug

    Sun

    16

    Aug

    Mon

    17

    Aug

    Tue

    18

    Aug

    Wed

    19

    Aug

    Thu

    20

    Aug

    Fri

    21

    Aug

    Sat

    22

    Aug

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  RE/MAX PREMIER INC.

    * 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.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    3428 Stoney Crescent
    Mississauga, Ontario.
    3 Beds | 4 Baths
    $1,299,000
    383 Wellington Street
    Wellington North, Ontario.
    2 Beds | 1 Baths
    $399,900
    82 Cassino Avenue
    Guelph, Ontario.
    3 Beds | 2 Baths
    $679,900
    161 Shephard Avenue
    New Tecumseth, Ontario.
    6 Beds | 6 Baths
    $1,079,999
    6193 Montevideo Road
    Mississauga, Ontario.
    4 Beds | 2 Baths
    $1,149,900
    476210 3rd Line
    Melancthon, Ontario.
    4 Beds | 3 Baths
    $1,100,000
    595 Holbrook Road
    Montague, Ontario.
    4 Beds | 2 Baths
    $899,000
    30 Remembrance Road
    Brampton, Ontario.
    5 Beds | 4 Baths
    $849,000
    8 St Mark Place
    Brampton, Ontario.
    7 Beds | 5 Baths
    $1,199,000
    Loading...
    368 Maxwell Street
    Sarnia , Ontario
    7 3 $374,999
    Get more info