241 Grand Avenue E,Chatham-Kent (Chatham), ON N7L1W7
Chatham-Kent (Chatham), ON N7L1W7
Description
Well-maintained mixed-use investment property on a corner lot along Grand Ave E in Chatham, offered together with an additional HC1-zoned lot. The building has ten units in total, with eight renovated residential suites and two street-front commercial spaces. Extensive updates have been completed over the years, including the roof, windows, siding, electrical, plumbing and water heater, along with renovated kitchens, washrooms and flooring throughout the residential units. Hydro is separately metered with tenants paying their own, and there is room to grow income over time. The additional lot currently serves as parking for the commercial units and offers potential for future development. A solid opportunity for investors looking for steady income with upside. (id:13843)
Details
| MLS # | X13873574 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 24 |
| Listing Provided By | EXP REALTY | Sestino Kazimierz Christian Vinelli |
Features
| SQ Feet | 4,747 |
|---|---|
| Zoning | HC1 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Forced air, Natural gas |
| Appliances | Washer, Dryer |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 13500 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Chatham-Kent (Chatham) |
| Postal Code | N7L1W7 |
| Listing VS Median (in N7L1W7) | |
Price: $1,200,000 low | high Med: $1,200,000 sqft: 4,747 low | high Med: 4,747 $ / sqft: $253 low | high Med: $253 On site: 24 low | high Med: 24 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Chatham-Kent (Chatham) |
| Postal Code | N7L1W7 |
| Listing VS Median (in N7L1W7) | |
Price: $1,200,000 low | high Med: $1,200,000 sqft: 4,747 low | high Med: 4,747 $ / sqft: $253 low | high Med: $253 On site: 24 low | high Med: 24 | |
