109 Penrose St - Apartments FOR SALE


Sarnia, ON N7T 4T9
$759,000 CAD
519-542-9999
109 Penrose St, Sarnia, ON for Sale
$759,000 CAD
Apartments - FOR SALE
1/10
null | 7% Cap Rate

109 Penrose St
Sarnia, ON N7T 4T9


HIGHLIGHTS

  • WALK TO DOWNTOWN!
  • NEW BUILD - QUALITY CONSTRUCTION!
  • GREAT NEIGHBORHOOD FOR RENTAL!

OVERVIEW

BRAND NEW QUALITY BUILD IN EXCELLENT RESIDENTIAL AREA! 1100 SQ FT PER FLOOR MIRROR IMMAGE DUPLEX - BRAND NEW WITH TARION WARRANTY. SAME PRICE AS A CONDO AND NO FEES! EXCELLENT INVESTMENT, VACANT, NEVER OCCUPIED - POTENTIAL $2200/ MONTH X 2 UNITS PLUS EXPENSES. RETURN OF 7% AT FULL PRICE. THERE SHOULD BE NO EXPENSES (OWNER PAYS TAX AND WATER IF TERMS ON LEASES) FOR YEARS ON THIS NEW BUILD. SEPARATE ELECTRIC AND GAS METERS. SUPER SOLID INVESTMENT!

FOR SALE DETAILS

PRICE

$759,000 CAD

PRICE/SF

$345 CAD /SF

# OF UNITS

2

PRICE/UNIT

$379,500

CAP RATE

7%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

109 PENROSE ST

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,510 SF

ZONING

R2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Cordell KendelRE/MAX Sarnia Realty Inc.More Info
519-542-9999

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Cordell KendelRE/MAX Sarnia Realty Inc.More Info
519-542-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.