41 Fourth Street Chatham, Ontario N7M 2G3
$999,900
Introducing an exceptional investment opportunity in the heart of downtown! This fully renovated 16-room rental building features a prime commercial space at the front, complemented by two storeys of residential units, 3 kitchens and 4 baths. With a total of 5,100 sq. ft., including 1,848 sq. ft. of commercial space and 3,250 sq. ft. of residential living, this full brick building is perfectly positioned close to all amenities. The property boasts an impressive cap rate of over 10%, making it an excellent choice for savvy investors looking to maximize their returns. Don’t miss your chance to own a piece of downtown real estate with great potential! Please allow 36 hours for viewings! Tenant occupied! (id:40793)
Property Details
| MLS® Number | 24023491 |
| Property Type | Multi-family |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
Building
| Amenities | Shopping Area |
| Exterior Finish | Brick |
| Flooring Type | Cushion/lino/vinyl |
| Foundation Type | Concrete, Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
Parking
| Other | 0 |
Land
| Acreage | No |
| Zoning Description | Uc-cbd |
https://www.realtor.ca/real-estate/27551814/41-fourth-street-chatham
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October 17 2024 08:12:48
Chatham Kent Association of REALTORS®
RE/MAX Preferred Realty Ltd.