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567 Duncan Street Wallaceburg, Ontario N8A 4E9

8 Bedroom 4 Bathroom 2800
None Forced Air, Space Heater

$549,000

Great INVESTMENT OPPORTUNITY in Wallaceburg! Super low vacancy rates. ANNUAL GROSS INCOME of $40,200 resulting in $21,000 in TOTAL EARNINGS in your Pocket! (net cash flow of $10,911 + $10,809 mortgage pay down). FOUR 2 bdrm units - Residential FOURPLEX!! EASY, low maintenance, well-designed 2 bdrm units that are each approx 675 sq ft and self-sufficient. Units 1 & 2 (upper level with exterior staircase 2012) are heated with Empire Console Vented heating systems (2012). Units 3 & 4 (Main level) are heated with FAG Furnace 2007. Three units pay their own utilities, and Unit 3 is all-inclusive. Hot water tanks are owned. Carpet free. Single-detached garage and carport. Parking for 8 cars. Enjoy watching the kids safely play at King George Park right across the street. Two-minute walk to Running Creek trail & Crothers Park or Sydenham River to enjoy fishing, playground equipment, or picnic. Two-minute walk to downtown Wallaceburg shoppes, banks, restaurants, waterfront, library, live Little Theatre, Museum and all celebrations that the core presents! Quiet, family-friendly area. 5 mins to #40 hwy, 30 mins to both Sarnia, Chatham, and Hwy #401. Skip over to Michigan via ferry boat to head to Detroit to catch a plane, a game, or an event in 90 mins. (id:36631)

Property Details

MLS® Number 40066861
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Schools
Community Features Quiet Area
Equipment Type None
Features Park Setting, Park/reserve, Conservation/green Belt, Double Width Or More Driveway, Crushed Stone Driveway
Parking Space Total 8
Rental Equipment Type None

Building

Bathroom Total 4
Bedrooms Total 8
Basement Type None
Constructed Date 1945
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air, Space Heater
Stories Total 2
Size Interior 2800
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage
Gravel

Land

Access Type Highway Nearby
Acreage No
Fence Type Partially Fenced
Land Amenities Park, Place Of Worship, Schools
Sewer Municipal Sewage System
Size Depth 135 Ft
Size Frontage 70 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

https://www.realtor.ca/real-estate/22817902/567-duncan-street-wallaceburg

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