321 King Street, Wallaceburg, Ontario N8A 1H6 (23542167)

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321 King Street Wallaceburg, Ontario N8A 1H6

Central Air Conditioning Floor Heat, Forced Air, Furnace

$574,900

Investment property that anyone would be proud to call their own! 3 beautifully finished apartments, main floor is a 3 BR, lower is a two BR & upper is a 1 BR. This home was re-built from the ground up, including a new foundation. Property has all separate utilities to each apartment, but currently all units include the utilities. Possible opportunity here for the new owner to improve the net operating income(NOI)between tenants. Fire alarm system installed, coin operated laundry in lower level, water line from road is 1 1/2 "", 3 rented on demand hot water tanks,(NOI possible improvement opportunity by buying them out, all concrete parking in rear yard, 3 + 1 storage units. Property inspection completed July 14/21 by Bluewater Property Inspection Inc with any noted defects subsequently repaired. High efficiency FAG furnaces & central air for lower and main floor units and gas fireplace and 2 hydro backup heaters plus portable air conditioner for upper apt. Follow Covid Protocols (id:44607)

Property Details

MLS® Number 21014892
Property Type Multi-family
Equipment Type Water Heater - Gas, Water Heater - Tankless
Rental Equipment Type Water Heater - Gas, Water Heater - Tankless

Building

Amenities Laundry Facility
Cooling Type Central Air Conditioning
Exterior Finish Aluminum/vinyl
Flooring Type Ceramic/porcelain, Laminate, Mixed Flooring
Foundation Type Block, Concrete
Heating Fuel Natural Gas
Heating Type Floor Heat, Forced Air, Furnace
Stories Total 2
Type Triplex

Parking

Other 5

Land

Acreage No
Size Irregular 50 X 132 Ft
Size Total Text 50 X 132 Ft
Zoning Description Rl3

Rooms

Level Type Dimensions
Second Level 3pc Bathroom Measurements not available
Second Level Primary Bedroom 8 ft ,5 in x 11 ft ,2 in
Second Level Living Room 11 ft x 13 ft ,5 in
Second Level Kitchen 7 ft ,5 in x 12 ft
Lower Level Laundry Room 7 ft x 10 ft
Lower Level Storage 8 ft x 12 ft
Lower Level 4pc Bathroom Measurements not available
Lower Level Bedroom 8 ft ,8 in x 11 ft
Lower Level Primary Bedroom 9 ft x 11 ft ,5 in
Lower Level Living Room 11 ft ,5 in x 13 ft
Lower Level Kitchen 13 ft x 14 ft
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 9 ft x 9 ft
Main Level Bedroom 9 ft x 11 ft ,5 in
Main Level Primary Bedroom 11 ft ,5 in x 15 ft
Main Level Living Room 14 ft ,3 in x 15 ft ,6 in
Main Level Kitchen 10 ft x 14 ft ,3 in

https://www.realtor.ca/real-estate/23542167/321-king-street-wallaceburg

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Michael Bolton
Broker

(519) 784-5393
(519) 627-3383

Riversite Realty Inc. Ii Brokerage
639 James St
Wallaceburg, Ontario N8A 2P2

(519) 627-3381
(519) 627-3383
www.riversite.com

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