4615 Oil Springs Line, Oil Springs, ON N0N 1P0
4615 Oil Springs Line, Oil Springs, ON N0N 1P0
4615 Oil Springs Line, Oil Springs, ON N0N 1P0
4615 Oil Springs Line, Oil Springs, ON N0N 1P0
4615 Oil Springs Line, Oil Springs, ON N0N 1P0
4615 Oil Springs Line, Oil Springs, ON N0N 1P0
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Robert Di Rosa

Robert Di Rosa

+1(289) 338-9720
$ 499,900
Est. payment | /mo

7 Beds

4 Baths

8,712 Sqft Lot

Save
$ 499,900
Est. payment | /mo
Save

7 Beds

4 Baths

8,712 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Oil Springs

MLS Listing ID X13814654

Style 2-Storey

Bedrooms 7

Annual Tax Amount $1,900

Tax Year 2026

Lot Size 8,712 Sqft

Property Sub-Type Fourplex

Property Description

Excellent investment opportunity at 4615 Oil Springs Line in the historic community of Oil Springs. This fully rented fourplex offers immediate income and four self-contained residential units, with the added confidence of appropriate zoning, completed permits, and full compliance.The current unit mix includes Unit A - 3 bedrooms at $1,725/month; Unit B - 1 bedroom at $1,195/month; Unit C - 2 bedrooms at $1,390/month; and Unit D - 2 bedrooms at $1,390/month, for a total current gross rental income of $5,700 per month or $68,400 annually.The building is separately metered, with each tenant responsible for their own gas and hydro, which helps keep ownership expenses straightforward. The owner currently pays only for water, insurance, grass cutting and snow removal.Located approximately 15 minutes from Petrolia, 30 minutes from Sarnia, and one hour from London, this property offers investors the opportunity to acquire an established, fully occupied multi-residential property with income in place from day one. Whether you're expanding an existing portfolio or entering the multi-unit market, 4615 Oil Springs Line is a turnkey investment worth considering.

Location

State ON

County Lambton

Area Lambton

Rooms

Family Room No

Basement Crawl Space

Kitchen 4

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Front Yard Parking, Available

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 74.0

Lot Depth 125.0

Total Parking Spaces 4

Building

Building Age 100+

Foundation Concrete Block

Others

ParcelsYN Yes

Listed by ROYAL LEPAGE TRILAND REALTY

Nearby Locations

Robert Di Rosa

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 338-9720

robdrealtor@gmail.com

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4615 Oil Springs Line