50 × 102 ft (5,100 sq ft) lot size

Overview

This multi-family property in Chatham-Kent is for sale offering roughly 1,750 sq ft of space.

Multi-Family Properties for Sale in Chatham-Kent →All real estate in Chatham-Kent →

Description

Excellent investment opportunity at 199-201 Grand Avenue West, Chatham. This income-producing multi-unit property is being offered with existing residential and commercial tenancies, providing immediate rental income for the next owner.An attractive opportunity for investors seeking an established rental property with multiple income streams and future growth potential. Seller is moving abroad, is highly motivated and welcomes offers anytime.The $1 list price is being used as a marketing strategy and does not represent the seller's expected sale price. (id:66096)

Property Details

MLS®: X13654284
Property Type: Multi-family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 50 × 102 ft (5,100 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Property Tax: $3,800/yr
Listed: 88 days ago

Features

Appliances: Washer, Two stoves, Water Heater, Two Refrigerators
Foundation: Unknown
Exterior: Brick, Brick Facing
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

88d

Chatham-Kent (Chatham) listings, avg age

89d

Price / ft²

List price

Haho

This 2-bed multi-family in Chatham-Kent (Chatham) has been listed for 88 days, which is 1 days fresher than the city average of 89. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · QAISER MAHBOOB

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7L)

Median household income: $68,500
Population: 25,127
Median age: 47.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N7L)

$1· $0/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $0.05

Min 5%50%

Mortgage payment$0/mo

↳ CMHC premium ($0 capitalized)

Property tax (est.)$317/mo

Total monthly$317

Cash Needed to Close

Down payment (5%)$0

Land transfer tax$0

Est. closing costs$2,500

Total cash needed$2,500

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

201 Grand Avenue, Chatham-Kent (Chatham) - Multi-family for Sale