$599,999

Investment For Sale In Chatham, Ontario

$599,999

Property Information:

Excellent investment opportunity at 57 St. Anthony Street. This well-maintained fourplex features four spacious 2-bedroom, 1-bathroom units, offering a strong and consistent rental setup in a convenient Chatham location. Each unit also features two separate entrances, with access from both the front and rear of the building, adding extra convenience and functionality for tenants. Hydro is separately metered for each unit. The property generates $4,331.50 per month in rental income, or $$51,978 annually and additional coin laundry income. Several upgrades have been completed throughout the units over the years, helping create comfortable and appealing living spaces while reducing the need for immediate improvements. With four functional layouts, solid existing income, upgraded units, and long-term rental potential, this property offers an attractive opportunity for both experienced investors and those looking to add a multi-residential property to their portfolio. Inquire for more information. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Exterior Finish: Brick
  • Flooring Type: Carpeted, Laminate, Flooring Type
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters, Boiler
  • Heating Fuel:

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1968
  • Irregular: Yes
  • Lot Size: 114.50 X 71.70 Feet / 0.189 AC
  • Zoning: RM1
  • Parking Type: Other
  • No. of Parking Spaces: 4

Rooms:

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  • Bathroom 2nd Level Measurements not available
  • Living Lower Level Measurements not available
  • Living Lower Level Measurements not available
  • Kitchen Lower Level Measurements not available
  • Kitchen Lower Level Measurements not available
  • Bedroom Lower Level Measurements not available
  • Bedroom Lower Level Measurements not available
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Courtesy of: Royal LePage Peifer Realty

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