$199,900

Investment For Sale In Chatham, Ontario

$199,900

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.

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.