368 Maxwell Street

ActiveSarnia · Sarnia22 days on marketMLS® X13565718
$374,999
$250 / sq ft
Bedrooms7
Bathrooms3
Interior1,500 sq ft
TypeMulti-Family
ListingFor Sale
Days on Market22

About this property

Attention investors! Outstanding opportunity to acquire a cash-flowing duplex in the heart of Sarnia, offering three self-contained units and strong income potential at an affordable price point. With a total of 7 bedrooms, 3 bathrooms, and 3 full kitchens, this purpose-built income property is an excellent addition to any investment portfolio. This property is currently generating $4,000 per month ($48,000 annually) in gross rental income, with all rents inclusive. Current rental breakdown is as follows: Unit 1-$1,400/month (scheduled to be vacant mid-August, with the seller willing to make provisions to secure a new tenant prior to closing, subject to the terms of the Agreement of Purchase and Sale), Unit 2- $1,650/month and unit 3-$950/month. Based on previous years' operating figures, annual expenses are estimated at approximately: Gas -$2,700, Hydro & Water-$6,206, Insurance-$1,200, Maintenance-$ 1,800, and Property Taxes -$3,100. The hot water tank is owned, eliminating rental costs. this results in an attractive estimated Net Operating Income, making this a rare opportunity to acquire a positive cash-flow investment property for under $400,000. Conveniently located close to amenities, schools, shopping and public transit, this property offers stable rental demand and long-term investment potential. Property is being sold as is, where is, as the Seller will provide limited representations and warranties with respect to the property. A fantastic opportunity for investors seeking immediate income with future upside.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13565718
StatusActive
Listing TypeFor Sale
Property TypeMulti-Family
Interior Size1,500 sq ft
Beds / Baths7 bed · 3 bath
NeighbourhoodSarnia
CitySarnia
Postal CodeN7T 5E2
ProvinceON
Listed DateJuly 15, 2026
Days on Market22
Price per Sq Ft$250
BrokerageRE/MAX PREMIER INC.

Location

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Listed by RE/MAX PREMIER INC.