404 Grand Avenue East Chatham, Ontario N7L 1X1
$499,000
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. This property is 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:40793)
Property Details
| MLS® Number | 24000280 |
| Property Type | Multi-family |
Building
| 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 |
Parking
| Other | 5 |
Land
| Acreage | No |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Uc(hc1) |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
https://www.realtor.ca/real-estate/26389370/404-grand-avenue-east-chatham
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February 24 2024 07:02:28
Chatham Kent Association of REALTORS®
Royal LePage Peifer Realty Brokerage