Amazing investment opportunity in the rapidly expanding Chatham area. Centrally located turn key Duplex. Both 2 bedroom units with full basement for additional storage. Lower unit has been completely renovated in 2022. Lower unit pays $1,350 plus hydro and gas. Upper unit rented for $900/month plus hydro and gas. Access from the rear of the property for additional parking and entry to lower unit. Currently 6.5% CAP rate, with market rent potential for 8%+. Great location, strong rent-roll, and even better tenants! Great ""house hack"", or addition to any portfolio. (id:56043)
MLS® Number | 24000969 |
Property Type | Multi-family |
Amenities | Laundry Facility |
Exterior Finish | Aluminum/vinyl |
Flooring Type | Ceramic/porcelain, Cushion/lino/vinyl |
Foundation Type | Block, Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Type | Duplex |
Other | 3 |
Acreage | No |
Size Irregular | 41.24 X 118.18 Ft |
Size Total Text | 41.24 X 118.18 Ft|under 1/4 Acre |
Zoning Description | Rl3 |
https://www.realtor.ca/real-estate/26426215/119-harvey-street-chatham
Contact us for more information
Marco Acampora
Sales Person
(519) 354-5470
www.royallepagechathamkent.com/
Carson Warrener
Sales Person
(519) 354-5470
www.royallepagechathamkent.com/
Darren Hart
Sales Person
(519) 354-5470
www.royallepagechathamkent.com/
Patrick Pinsonneault
Broker
(519) 354-5470
www.royallepagechathamkent.com/