Attention Investors! This purpose-built fourplex is a turnkey, high-cash-flow, low expenses property, ideal for investors seeking strong, stable income. Each of the four 3-bedroom units has separately metered utilities, with tenants paying all utility costs directly under their names. Additionally, tenants own and maintain their own major appliances, minimizing landlord responsibilities. The property generates $65,000 in annual rental income, with potential for further growth as units turn over. A low-maintenance, high-yield asset in a sought-after rental market! (id:50886)
MLS® Number | X11958751 |
Property Type | Single Family |
Community Name | Chatham-Kent |
Features | Irregular Lot Size |
Parking Space Total | 4 |
Bathroom Total | 8 |
Bedrooms Above Ground | 8 |
Bedrooms Total | 8 |
Amenities | Separate Electricity Meters |
Basement Development | Partially Finished |
Basement Type | N/a (partially Finished) |
Exterior Finish | Brick Veneer, Vinyl Siding |
Foundation Type | Concrete |
Half Bath Total | 1 |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Type | Fourplex |
Utility Water | Municipal Water |
Shared |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 150 Ft ,8 In |
Size Frontage | 50 Ft ,1 In |
Size Irregular | 50.12 X 150.69 Ft |
Size Total Text | 50.12 X 150.69 Ft |
https://www.realtor.ca/real-estate/27883244/367-sandys-street-chatham-kent-chatham-kent
Contact us for more information
Derek Chien
Salesperson
(905) 305-1600
(905) 305-1609
www.homelifelandmark.com/