$425,000

Status:

House In Chatham, Ontario

$425,000

Property Information:

Attention investors!! Here’s a turnkey duplex offering immediate cash flow! This fully renovated income property is generating $3,250/month ($39,000/year) in rental income, with the lower 2-bedroom unit rented at $1,850/month + hydro and the upper 1-bedroom unit at $1,400/month + hydro and gas. Both units have separate utilities but water is included and on 1 metre. When you step inside you will find extensive upgrades throughout including new kitchens with quartz countertops, new bathrooms with custom porcelain tile, waterproof laminate flooring, new windows, new drywall, insulation, trim, doors, pot lights, and modern finishes top to bottom. Upper unit wall furnace, lower unit furnace and A/C, Exterior improvements include two brand-new front porches, new deck and fencing, and separate driveways—parking for 4 vehicles (lower unit) and 2 vehicles (upper unit). Whether you're an investor adding a quality asset to your portfolio or a buyer looking to offset your mortgage by living in the top unit and renting the lower, this property delivers on value, style, and income potential. Don’t miss this exceptional opportunity! 24 hour notice for all showings

Property Features:

  • Bedrooms: 0
  • Acreage Info: N/A or Unknown
  • Condition Clause: Financing, Inspection, Other
  • District: North East
  • Exterior Finish: Aluminum/Vinyl
  • Flooring: Ceramic/Porcelain, Laminate
  • Foundation: Unknown
  • Geocode Source: Manual
  • Heating Cooling: Central Air Conditioning, Forced Air, Other, See Remarks
  • Hot Water Tank Type: Gas
  • Major Area: Chatham City
  • MFA Building Type: Duplex
  • MFA Building Usage: Residential Only
  • Occupancy: Tenant
  • ParkingFinish: Gravel
  • Property Is: Building & Land
  • Property SubTypes: Duplex
  • PropertyType: Multi-Family
  • Roof: Asphalt
  • Sewer Availability: Connected
  • Showings: Lockbox
  • Side Of Road: North
  • Sub District: N11
  • Tax Year:
  • Title: Freehold
  • Water Availability: Connected
  • Zoning: RL3
  • Heating Fuel: Natural Gas
  • Water: Municipal Water
  • Sewer: Sanitary

Courtesy of: Royal LePage Peifer Realty

Data provided by: Chatham-Kent Association of REALTORS® 252 Wellington St. W., Chatham, Ontario N7M 1K1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved