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388 Park Avenue Chatham, Ontario

PROPERTY INFO

PRIME INVESTMENT OPPORTUNITY! This 12-plex includes 11 spacious 2-bedroom units and 1 cozy 1-bedroom unit, with 8 units fully renovated in 2022. These updated units feature in-suite laundry, modern kitchens with quartz countertops, and stainless steel appliances, including a dishwasher, fridge, stove, and microwave. Tenants pay heating and hydro, while the landlord covers water and common hydro. Most units are equipped with ductless heat pumps and baseboard heating. The property offers 18 parking spaces and a coin-operated laundry room for units without in-suite facilities. Don't miss this incredible opportunity!

PROPERTY SPECS

Price $2,650,000
City Chatham, Ontario
Address 388 PARK Avenue
Listing ID 25000576
Construction Brick
Roof Asphalt Shingle
Flooring Cushion or Lino or Vinyl
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Subtype 9 - 12 Unit Acreage 0.372 Inclusions ALL REFRIGERATORS; STOVES IN UNITS; 8 STACKED WASHER/DRYERS; 1 COIN OPERATED WASHER/DRYER Ownership Freehold Building Amenities Laundry Facility Foundation Concrete Heating / Cooling Baseboard Heaters, Ductless, Heat Pump Heating Fuel Electric Hot Water Tank Electric Utility Water Municipal Water Sewer Sanitary Date Listed Jan 9, 2025 Days on Market 6 Parking Paved
Grocery Stores
Schools
Banks
Restaurants
Health
Parks
Entertainment
Transit
Fire Station
Police



REQUEST MORE INFORMATION

Listing Agent:  JEREMY LLOYD IVANY

Listing Agency:  BLUE FOREST REALTY INC.

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