41 Fourth Street Chatham, Ontario N7M 2G3
$999,900
Introducing an exceptional investment opportunity in the heart of downtown! This fully renovated 16-room rental building features a prime commercial space at the front, complemented by two storeys of residential units, 3 kitchens and 4 baths. With a total of 5,100 sq. ft., including 1,848 sq. ft. of commercial space and 3,250 sq. ft. of residential living, this full brick building is perfectly positioned close to all amenities. The property boasts an impressive cap rate of over 10%, making it an excellent choice for savvy investors looking to maximize their returns. Don’t miss your chance to own a piece of downtown real estate with great potential! Please allow 36 hours for viewings! Tenant occupied! (id:50886)
Property Details
| MLS® Number | 24023491 |
| Property Type | Multi-family |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| Amenities | Shopping Area |
| ExteriorFinish | Brick |
| FlooringType | Cushion/lino/vinyl |
| FoundationType | Concrete, Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
Parking
| Other | 0 |
Land
| Acreage | No |
| ZoningDescription | Uc-cbd |
https://www.realtor.ca/real-estate/27551814/41-fourth-street-chatham
Interested?
Contact us for more information
Annita Zimmerman
Sales Person
250 St. Clair St.
Chatham, Ontario N7L 3J9
Candice Oliveira
Sales Person
250 St. Clair St.
Chatham, Ontario N7L 3J9
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 17 2024 08:12:48
Chatham Kent Association of REALTORS®
RE/MAX Preferred Realty Ltd.