This multi-unit brick house and property is located along a prominent commercial corridor, featuring a detached two-bedroom garden home and four one-bedroom units in the main house. Just under half an acre of land with large multi residential development underway just down the road. Up and coming area with new municipal sewers, sidewalks and road completed last year. While the property requires some refurbishment, it stands as a viable income option with commercial zoning and the potential for additional development. Excellent investment opportunity for those seeking a multi door unit with great commercial land speculation potential. 48hrs notice required for showings. Estimated annual net income is $29,329. (id:39367)
MLS® Number | 24000280 |
Property Type | Multi-family |
Amenities | Laundry Facility |
Constructed Date | 1900 |
Exterior Finish | Brick |
Flooring Type | Carpeted, Ceramic/porcelain, Mixed Flooring |
Foundation Type | Unknown |
Heating Fuel | Natural Gas |
Heating Type | Boiler |
Stories Total | 3 |
Type | Multi-family |
Other | 5 |
Acreage | No |
Size Total Text | Under 1/2 Acre |
Zoning Description | Uc(hc1) |
Level | Type | Length | Width | Dimensions |
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https://www.realtor.ca/real-estate/26389370/404-grand-avenue-east-chatham
Contact us for more information
Carson Warrener
Sales Person
(519) 354-5470
www.royallepagechathamkent.com/
Darren Hart
Sales Person
(519) 354-5470
www.royallepagechathamkent.com/
Marco Acampora
Sales Person
(519) 354-5470
www.royallepagechathamkent.com/