106 Lorne Avenue, Chatham-Kent (Chatham), Ontario N7M1S1
Listing courtesy of MYSAK REALTY INC..
- $749,999
- 11
- BD
- 6
- BA
- List Price
- $749,999
- Status
- ACTIVE
- Days on Market
- 0
- MLS® #
- TorontoRegionalRealEstateBoard-X13785134
- Bedrooms
- 11
- Bathrooms
- 6
- Subdivision
- Chatham
- Neighborhood
- Chatham
- MLS Area Major
- Chatham
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:5764)
Additional Information
- Exterior Features
- Concrete
- Taxes
- $7,215
- Community Features
- Chatham
- Appliances
- Refrigerator, Stove, Water Heater
- Heating
- Baseboard heaters, Radiant heat, Electric
- Air Conditioning
- None
- Stories
- 2.5
- Foundation
- Block
- Parking Features
- No Garage
