106 Lorne Avenue, Chatham-Kent, Ontario N7M 1S1

Listed for:

$749,999

0 beds

0 baths

Listed 14 days ago

Multi-Family for rent: 106 Lorne Avenue, Chatham-Kent, Ontario N7M 1S1

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About

Cross Streets: Richmond Street. ** Directions: E. 125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. (id:27476)

Property Highlights

MLS® Number

X13785124

Type

Multi-family

Community Name

Chatham

Land Size

Bldg=89 x 103.75 FT

Parking Space Total

Building

Building Type

Multi-Family

Square Footage

9332 sqft

Amenities

Highway, Public Transit

Fireplace Present

Basement Type

Basement Features

Building Heating Type

Baseboard heaters, Radiant heat

Heating Fuel

Building Cooling Type

None

Utilities

Water

Municipal water

Location

Learn more about this property

Listing provided by:

MYSAK REALTY INC.

MLS® number:

X13785124

Agent:

Samuel Ius

Phone:

(416) 767-5500

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Street Spotlight - For sale

$749,999

106 Lorne Avenue, Chatham-Kent, Ontario N7M 1S1

11 beds

6 baths

15 days

Cross Streets: Richmond Street. ** Directions: East. 125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico.