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37/39 Kirk STREET

$199,900

37/39 Kirk STREET, Chatham, Ontario, N7M 2P7

MLS® # 26001775

Chatham ON, N7M 2P7

MLS® # 26001775

Property Information:

Centrally located side-by-side duplex within walking distance to schools, shopping, parks, and everyday amenities. Each unit offers a spacious layout featuring a living room, dining room, bathroom, and two bedrooms on the upper level. Both units are currently rented to long-term tenants, providing stable and immediate rental income. Steel roof, adds long-term value and reduced maintenance costs. Unit #37 rents for $630 per month plus utilities, while Unit #39 rents for $854 per month inclusive. Also included in the sale is a 30’ x 58’ residential lot located to the east of the duplex, as shown in the photos. The additional lot is zoned RL3 and may offer future development potential (buyer to verify), PIN #005040159. An excellent opportunity to add to your investment portfolio or for first-time investors looking to enter the market. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Exterior Finish:
Flooring Type: Other
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 1850
Irregular: Yes
Lot Size: X / 0.1 AC
Zoning: RL3
Parking Type: Other

Courtesy of: RE/MAX PREFERRED REALTY LTD.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 37/39 Kirk STREET, Chatham, Ontario, N7M 2P7

Lifestyle
Neighbourhood

Demographic Information of 37/39 Kirk STREET, Chatham, Ontario, N7M 2P7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$70,790.87

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.07 %

High school certificate or equivalent

37.69 %

Apprenticeship trade certificate/diploma

8.03 %

College/non-university certificate

19.23 %

University Degree

3.98 %

Commuter

Travel To Work

By Car

88.29 %

By Public Transit

0.0 %

By Walking

8.7 %

By Bicycle

0.0 %

By Other Methods

3.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.27 %

Houses

78.73 %

Own Vs. Rent