215 Grand Avenue East, Chatham, Ontario N7L 1W3

Listed for:
$325,000
3 beds
2 baths
Listed 5 days ago
House for rent: 215 Grand Avenue East, Chatham, Ontario N7L 1W3

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About

Turnkey investment opportunity! Solid all-brick 1.5 storey duplex offering two separately metered units (gas & electricity) with strong income potential. The main floor features a 2 bedroom, 1 bath unit with spacious living and dining area, in-suite laundry, and a long-term tenant currently paying $800/month plus utilities. The upper unit offers a fully renovated 1 bedroom, 1 bath layout with living room, galley kitchen, and in-suite laundry. Currently rented at $800/month plus $250 utilities, with market rent potential of approximately $1,100/month.Both units have seen updates over the years. Main floor includes newer furnace and owned hot water tank. Property also features a newer roof. Ideal opportunity for investors looking to expand their portfolio or buyers looking to offset ownership costs with rental income. Separately metered services provide added convenience and flexibility. Opportunity also exists for buyers to assume vacant possession for personal use while leveraging income from the upper unit — a smart way to reduce expenses and save toward your next purchase. Call today to #lovewhereyoulive. (id:27476)

Property Highlights

MLS® Number
26006843
Type
Single Family
Ownership Type
Freehold
Land Size
42.72 X 133

Building

Building Type
House
Storeys
1.50
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Furnace
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Location

Learn more about this property
Listing provided by:
NEST REALTY INC.
MLS® number:
26006843
Agent:
Braydn Millson
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