106 LORNE AVENUE, Chatham-kent (chatham), ON N7M1S1
106 LORNE AVENUE, Chatham-kent (chatham), ON N7M1S1
106 LORNE AVENUE, Chatham-kent (chatham), ON N7M1S1
106 LORNE AVENUE, Chatham-kent (chatham), ON N7M1S1
106 LORNE AVENUE, Chatham-kent (chatham), ON N7M1S1
106 LORNE AVENUE, Chatham-kent (chatham), ON N7M1S1
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Anna Maccani, CPA/CA, CNE
$ 749,999
Est. payment | /mo

11 Beds

6 Baths

3,500 SqFt


Save
$ 749,999
Est. payment | /mo
Save

11 Beds

6 Baths

3,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Square Footage 3,500 sqft

Price per Sqft $214

Subdivision Chatham

MLS® Listing ID X13785134

Bedrooms 11

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. Scheduled tours to see all units will take place Sunday September 20th from 12-2pm. Please confirm attendance. (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

Building

Story 2.5

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Listed by MYSAK REALTY INC.

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Anna Maccani, CPA/CA, CNE

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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106 LORNE AVENUE