GREAT INVESTMENT OPPORTUNITY. Solid brick "side-by-side" duplex with two 3-bedroom apartments. Each unit has their own gas and hydro meters as well as their own furnace/central air. Many updates completed within the last 8 years including the roof (2017), furnace (2017),HWT (2022) and some windows. Centrally located between downtown and Hwy 402. Close to the grocery store, theatre, shopping, restaurants, pharmacies, banks and golf. Approx. 30 minutes to Sarnia or Strathroy. Current tenants pay $1700/month and $1950/month plus utilities. Both tenants would like to stay. Unit A is paying month to month. Unit B has a lease that expires February 2026.
Address
55 Main Street S
List Price
$699,900
MLS® Status
New
Expiration Date
2025-12-31
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Lambton Shores
Sub-Area
Forest
Region
Lambton
Bedrooms
6
Bedrooms (Total)
6
Rooms Above Grade
11
Bathrooms
2
Floor Area
2000-2500 Sq. Ft.
Lot Depth
133.03
Lot Size Units
Feet
Lot Width
67.64
Parcel Number
430740102
Occupant Type
Tenant
Cross Street
MAIN ST & ROYAL ST
Approx. Age
100+ Years
MLS® Number
X12429018
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Basement Area
Full, Unfinished
Postal Code
N0N 1J0
Posession Details
90+ days
Parking
Private Double
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$1,929.00
Tax Year
2024
Site Influences
Deck, Golf, Library, Park, Place Of Worship, Porch, Rec./Commun.Centre, School
Exterior Features
Deck, Porch
Interior Features
Separate Heating Controls, Separate Hydro Meter, Sump Pump, Water Heater Owned
Property Features
Golf, Library, Park, Place Of Worship, Rec./Commun.Centre, School
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
East
Fireplace
No
Foundation Details
Brick
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Other Structures
Shed
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 4 PL 10 FOREST MUNICIPALITY OF LAMBTON SHORES
Topography
Flat
Waterfront
No
Sewer
Sewer