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Renanza Realty
For sale

40 Timmins CRESCENT

Chatham, Ontario

MLS® 26023386

$699,900

Status
Active
Property type
Multi-family
MLS® number
26023386
Bedrooms
—
Bathrooms
—
Year built
1975

Listing description

Excellent investment opportunity with immediate income form day one with this fully tenanted 4-plex building located on the desirable northside of Chatham. Each unit features 3 bedrooms and 1. 5 bathrooms, offering functional layouts that appeal to long-term tenants.

Situated close to major amenities, schools, shopping and public transportation, this property boasts strong rental demand and consistent cash flow. Tenants enjoy everything they need, making it an attractive investment. In suite laundry is available to each tenant as well as ample parking spaces.

Each unit has a full basement with laundry hook ups. Whether you are a seasoned investor or just getting started, this multi-family property offers great returns and minimal vacancy risk. Don't miss your chance to add a reliable income producing asset to your portfolio.

Property summary

MLS® number
26023386
Property type
Multi-family
Building type
Fourplex
Title
Freehold
Land size
X / 0.203 AC
Built in
1975
Annual property taxes
$6,131.98
Parking
Other
Days on market
5 days

Features & details

Heating
Forced air, Natural gas, Furnace
Flooring
Laminate, Carpeted, Ceramic/Porcelain, Cushion/Lino/Vinyl
Exterior features
Brick, Aluminum/Vinyl

What would this home cost you?

Based on the $699,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,257 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX PREFERRED REALTY LTD., Chatham.

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.