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41 Fourth Street Chatham, Ontario

PROPERTY INFO

Introducing an exceptional investment opportunity in the heart of downtown! This fully renovated 16-room rental building features a prime commercial space at the front, complemented by two storeys of residential units, 3 kitchens and 4 baths. With a total of 5,100 sq. ft., including 1,848 sq. ft. of commercial space and 3,250 sq. ft. of residential living, this full brick building is perfectly positioned close to all amenities. The property boasts an impressive cap rate of over 10%, making it an excellent choice for savvy investors looking to maximize their returns. Don’t miss your chance to own a piece of downtown real estate with great potential! Please allow 36 hours for viewings! Tenant occupied!

PROPERTY SPECS

Price $999,900
City Chatham, Ontario
Address 41 FOURTH Street
Listing ID 24023491
Construction Brick
Roof Unknown
Flooring Cushion or Lino or Vinyl
Type Multi-Family
Status For Sale
Zoning UC-CBD

EXTENDED FEATURES

Subtype Over 12 Units Inclusions 16 mini refrigerators, 3 stoves Ownership Freehold Building Amenities Public Transportation Nearby, Shopping Area, Store Front Appliances Stove Foundation Concrete, Unknown Heating / Cooling Forced Air Heating Fuel Natural Gas Hot Water Tank Other, See Remarks Utility Water Municipal Water Sewer Sanitary Date Listed Oct 15, 2024 Days on Market 7

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