32
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$999,900
Est. payment /mo
Active
41 FOURTH Street Chatham, ON N7M 2G3
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Key Details
Property Type Multi-Family
Sub Type Over 12 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25012716
Construction Status Unknown
Annual Tax Amount $4,813
Tax Year 2024
Property Sub-Type Over 12 Units
Source WESC
Property Description
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!
Location
Province ON
Zoning UC-CBD
Interior
Heating Forced Air
Cooling Forced Air
Flooring Cushion or Lino or Vinyl
Exterior
Roof Type Unknown
Building
Foundation Concrete, Unknown
Sewer Sanitary
Construction Status Unknown
Listed by RE/MAX PREFERRED REALTY LTD.
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