41 Fourth Street, Chatham, Ontario N7M 2G3

Listed for:
$999,900
0 beds
0 baths
Listed 37 days ago
41 Fourth Street, Chatham, Ontario N7M 2G3

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Learn more about this property
Listing provided by:
RE/MAX PREFERRED REALTY LTD.
MLS® number:
25003283
Agent:
Annita Zimmerman
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About

KING STREET TURN SOUTH ONTO 41 FOURTH STREET 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! (id:27476)

Property Highlights

MLS® Number
25003283
Type
Multi-family
Ownership Type
Freehold

Building

Storeys
2.00
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type

Location