106 Lorne Avenue, Chatham-Kent (Chatham), Ontario, N7M1S1

Multi-Family for sale in Chatham-Kent (Chatham), Ontario. Listed at $749,999.

11 bedrooms · 6 bathrooms

Photos of 106 Lorne Avenue, Chatham-Kent (Chatham), Ontario, N7M1S1

MLS® 30280184

Description

125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. (id:27495)

Listing courtesy of MYSAK REALTY INC. · SAMUEL IUS

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