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Home ON Greater Chatham-Kent Chatham-Kent Chatham
41 FOURTH STREET
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41 FOURTH STREET $999,900
$999,900
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41 FOURTH STREET
Chatham, Ontario N7M2G3

MLS® Number: 24023491

Listing 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! (51575305)

Location Description

KING STREET TURN SOUTH ONTO 41 FOURTH STREET

Property Summary

Property Type
Multi-family
Storeys
2
Title
Freehold
Annual Property Taxes
$4,813.06
Parking Type
Other (0)
Time on REALTOR.ca
19 days

Building

Interior Features
Flooring
Cushion/Lino/Vinyl
Building Features
Foundation Type
Concrete, Unknown
Building Amenities
Shopping Area
Rental Equipment
Water Heater
Total Units
17
Heating & Cooling
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Other (0)

Land

Other Property Information
Zoning Description
UC-CBD
Data provided by: Chatham Kent Association of REALTORS® P.O. Box 362 Stn. Main, Chatham, Ontario N7M 5K6

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