7 Union Street W, Lambton Shores, ON N0M 1B0

$599,900
4
BD
2
BA
1,500
SqFt

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List Price
$599,900
MLS#
X14142486
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
4
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Lambton Shores
Area
Lambton
Neighborhood
Arkona
Subdivision
Arkona Rd

Property Description

An excellent opportunity for investors or buyers looking to get into the market with the added benefit of a mortgage helper! This side-by-side duplex in the quiet community of Arkona offers two separate units, making it ideal for an owner-occupant looking to offset their mortgage or an investor seeking to expand their portfolio. Both units were fully renovated in 2021, including new electrical, plumbing, insulation, drywall, lighting and more. The vacant east unit features 2 bedrooms, a generously sized 5-piece bathroom and a finished basement, offering additional living space. A detached garage adds extra convenience and storage. Located just minutes from Forest and approximately 30 minutes from both Sarnia and London, this property offers the appeal of small-town living with convenient access to nearby amenities. One unit is currently vacant, providing flexibility for a new owner, while the other is tenanted at $1,500 per month, with the tenant responsible for hydro and gas. Whether you're looking to live in one unit and have the other help with the mortgage or add an income property to your portfolio, this is an opportunity worth exploring!

Additional Information

Taxes
$1,704
Heat Type
Other
Heat Source
Gas
Air Conditioning
Window Unit(s)
Kitchens
2
Exterior
Vinyl Siding
Garage Spaces
1
Garage Type
Detached
Pool
None
Parking Spaces
8

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Listing courtesy of KELLER WILLIAMS LIFESTYLES.