106 LORNE AVENUE, Chatham-kent, ON N7M1S1
106 LORNE AVENUE, Chatham-kent, ON N7M1S1
106 LORNE AVENUE, Chatham-kent, ON N7M1S1
106 LORNE AVENUE, Chatham-kent, ON N7M1S1
106 LORNE AVENUE, Chatham-kent, ON N7M1S1
106 LORNE AVENUE, Chatham-kent, ON N7M1S1
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$ 749,999
Est. payment | /mo

9,332 SqFt


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$ 749,999
Est. payment | /mo
Save

9,332 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 9332

Square Footage 9,332 sqft

Price per Sqft $80

Subdivision Chatham

MLS® Listing ID X13785124

Property Description

125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Radiant heat

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

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Listed by MYSAK REALTY INC.

NEARBY SCHOOL & BUSINESS

Kris Ramotar

+1(519) 259-9310

krisramotar@gmail.com

893 Southwood Dr, Belle River, Ontario N0R1A0, CAN

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