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$340,000

Chatham ON, N7L 3K1

MLS® # 25026712

Property Information:

This property is being offered withe special purchase condition. The sale is contingent upon the buyer acquiring the entire residential portfolio consisting of 41 properties, which is listed as a bulk package at$ 22,900,000 .00. The residential portfolio consists of single family homes, duplexes, triplexes, farm homes, waterfront homes and agricultural farms. (future development sites.) This is a rare opportunity to acquire a turn-key, fully tenanted property portfolio with value-add upside and rezoning potential that will unlock a better and higher use on some of the properties. This package is ideal for savvy investors equipped with professional planning guidance and an appetite to embark on the journey of maximizing revenues and property values. Please view the documents tab to obtain a full list of the properties. Please Note that no properties in the portfolio, including this property will be sold separately. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Exterior Finish: Stucco
  • Flooring Type: Laminate
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Electric, Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1920
  • Irregular: Yes
  • Lot Size: 39' X 98'
  • Zoning: HC2
  • Parking Type: Other
  • No. of Parking Spaces: 4

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level Measurements not available
  • Living 2nd Level Measurements not available
  • Dining 2nd Level Measurements not available
  • Kitchen 2nd Level Measurements not available
  • Bathroom Basement Level Measurements not available
  • Utility Basement Level Measurements not available
  • Storage Basement Level Measurements not available
  • Bedroom Basement Level Measurements not available
  • Bedroom Basement Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Laundry Main Level Measurements not available
  • Primary Bedroom Main Level Measurements not available
  • Living Main Level Measurements not available
  • Dining Main Level Measurements not available
  • Kitchen Main Level Measurements not available

Courtesy of: REMAX PREFERRED REALTY LTD. - 586

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 274 ST. CLAIR STREET, Chatham, Ontario, N7L 3K1

Demographic Information of 274 ST. CLAIR STREET, Chatham, Ontario, N7L 3K1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,065.99

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.34 %

High school certificate or equivalent

37.52 %

Apprenticeship trade certificate/diploma

3.15 %

College/non-university certificate

24.74 %

University certificate (below bachelor)

0.12 %

University Degree

6.12 %

Commuter

Travel To Work

By Car

84.8 %

By Public Transit

0.9 %

By Walking

3.42 %

By Bicycle

0.9 %

By Other Methods

9.98 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.01 %

Houses

77.99 %

Own Vs. Rent