RARE INVESTMENT OPPORTUNITY! This 12-plex offers a unique mix of 6 one-bedroom units and 6 spacious two-story, two-bedroom units, each featuring a private entrance and walk-out patio (one-bedroom units include private green spaces). Six units have been remodeled between 2022-2024. Tenants cover heating and hydro, while the landlord pays water and common hydro. All units feature baseboard heating. The property includes a shared laundry room with 2 coin-operated washers and dryers, 18 parking spaces, and recent upgrades such as 5 new water heaters installed in 2024. With low operating expenses and attractive amenities, this is an investment not to miss!
PROPERTY SPECS
Price $2,050,000
City Chatham, Ontario
Address 210 PARK Avenue
Listing ID 25000579
Construction Aluminum/Vinyl, Brick
Roof Asphalt Shingle
Flooring Cushion or Lino or Vinyl
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Subtype9 - 12 UnitAcreage0.490Inclusions2 DISHWASHERS; 2 SETS OF COIN OPERATED WASHER/DRYER; ALL REFRIGERATORS & STOVES IN UNITSOwnershipFreeholdBuilding AmenitiesLaundry FacilityFoundationBlockHeating / CoolingBaseboard HeatersHeating FuelElectricHot Water TankElectricUtility WaterMunicipal WaterSewerSanitaryDate ListedJan 9, 2025Days on Market6