• Office: 905-475-4750
  • Mobile: 647-283-2020
  • Fax: 905-475-4770

$499,900
Available - For Sale
Listing ID: X12924850
130-132 Forsyth Street South , Sarnia, N7T 3A7, Lambton


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.
Price $499,900
Taxes: $9280.42
Occupancy: Tenant
Address: 130-132 Forsyth Street South , Sarnia, N7T 3A7, Lambton
Directions/Cross Streets: WELLINGTON ST/FORSYTH ST S
Rooms: 24
Bedrooms: 10
Bedrooms +: 0
Family Room: T
Basement: None
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Upper
Washroom Type 3 4 Main
Washroom Type 4 4 Upper
Washroom Type 5 0
Washroom Type 6 3 Main
Washroom Type 7 3 Upper
Washroom Type 8 4 Main
Washroom Type 9 4 Upper
Washroom Type 10 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Aluminum Siding, Vinyl Siding
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX METROPOLIS REALTY
Personal Picture
Po Paul Chen
Broker
Dir:
647-283-2020
Bus:
905-475-4750
Fax:
905-475-4770
 
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At a Glance:
Type: Freehold - Multiplex
Area: Lambton
Municipality: Sarnia
Neighbourhood: Sarnia
Style: 2-Storey
Lot Size: x 81.00(Feet)
Approximate Age:
Tax: $9,280.42
Maintenance Fee: $0
Beds: 10
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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