201 GRAND AVENUE West, Chatham, Ontario, N7L 1C2

$359,000

MLS® # 26002011

Investment For Sale In Chatham, Ontario

$359,000

Property Information:

Located near a prime, high-traffic intersection, this versatile mixed-use property offers an excellent opportunity for both residential and commercial use with outstanding exposure. It is ideal for an owner looking to operate a business on-site while generating supplemental rental income. The property includes three one-bedroom apartments, with the upper unit currently rented for $1,510 per month all-inclusive, and the lower unit operating as a frequently booked Airbnb. The commercial space is presently vacant, allowing you to move in your own business or set your own rent for additional income. Additional features include a metal roof on the main building, a full basement, ample parking, and a detached garage, making this a strong investment or owner-occupied opportunity with flexible income potential. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Laundry Facility, Shopping Area
  • Exterior Finish: Brick
  • Flooring Type: Laminate
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Size: 50.74 X 102.70 FT / 0.12 AC
  • Zoning: HC1
  • Parking Type: Other
  • No. of Parking Spaces: 4

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Living 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Bathroom Basement Level Measurements not available
  • Laundry Basement Level Measurements not available
  • Other Basement Level Measurements not available
  • Storage Basement Level Measurements not available
  • Other Basement Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Living Main Level Measurements not available
  • Bedroom Main Level Measurements not available
  • Dining Main Level Measurements not available
  • Kitchen Main Level Measurements not available

Courtesy of: JUMP REALTY INC.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos