106 LORNE AVENUE
Chatham-Kent (Chatham), Ontario
MLS® X13785124
$749,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13785124
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 14Listing 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.
Property summary
- MLS® number
- X13785124
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 9,332 sq ft
- Land size
- Bldg=89 x 103.75 FT
- Annual property taxes
- $7,215.94
- Parking
- 6 spaces
- Days on market
- 1 day
Features & details
- Heating
- Baseboard heaters, Radiant heat
- Cooling
- None
What would this home cost you?
Based on the $749,999 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 MYSAK REALTY INC., 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.