Low-maintenance investment property generating $42,889 in net operating income with room to grow on residential rents over time. This mixed-use building features 4 well-maintained apartments and 1 commercial unit. An exciting proposed development across the street will bring new stores and density, adding value to this already desirable location. Don’t miss out on this fantastic opportunity to invest in a growing area! (id:4555)
PROPERTY SPECS
Listing ID 24024345
Address 83 King STREET West
City Chatham, ON
Price $699,999
Land Size 22.5X
Status For sale
EXTENDED FEATURES
Year Built1900FeaturesVisual exposureOwnershipFreeholdHeatingForced air, FurnaceHeating FuelNatural gasDate Listed2024-10-11 14:00:45Days on Market73
LISTING OFFICE:
Royal Lepage Peifer Realty Brokerage, Sarah Callow