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

Listed for:

$749,999

11 beds

6 baths

Listed 15 days ago

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

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About

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. 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

X13785134

Type

Multi-family

Community Name

Chatham

Land Size

89 x 103.8 FT

Parking Space Total

Building

Building Type

Other

Storeys

2.50

Square Footage

3500 - 5000 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Exterior Finish

Concrete

Fireplace Present

Yes

Basement Type

Full (Finished)

Basement Features

Building Heating Type

Baseboard heaters, Radiant heat

Heating Fuel

Electric

Building Cooling Type

None

Utilities

Water

Municipal water

Location

Learn more about this property

Listing provided by:

MYSAK REALTY INC.

MLS® number:

X13785134

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

0 beds

0 baths

14 days

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.