241 GRAND AVENUE E
Chatham-Kent (Chatham), Ontario
MLS® X13873574
$1,200,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13873574
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 34Listing description
Well-maintained mixed-use investment property on a corner lot along Grand Ave E in Chatham, offered together with an additional HC1-zoned lot. The building has ten units in total, with eight renovated residential suites and two street-front commercial spaces. Extensive updates have been completed over the years, including the roof, windows, siding, electrical, plumbing and water heater, along with renovated kitchens, washrooms and flooring throughout the residential units.
Hydro is separately metered with tenants paying their own, and there is room to grow income over time. The additional lot currently serves as parking for the commercial units and offers potential for future development. A solid opportunity for investors looking for steady income with upside.
Full information package available on request.
Property summary
- MLS® number
- X13873574
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 4,747 sq ft
- Land size
- Bldg=50.18 x 56.21 FT
- Annual property taxes
- $13,500.00
- Days on market
- 3 days
Features & details
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- None
- Appliances
- Washer, Dryer
What would this home cost you?
Based on the $1,200,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.