237 Wellington STREET West

Multi-family For Sale in Chatham, Ontario

$479,900
Building with lots of character near the downtown core. Main floor is approx. 1400 sq ft of office space with 700 sq ft rented and another 700 sq ft available for rent (potential $1000/mn). Main floor has new furnace and central air. Long term tenants in the 4 apartments. All apartments are 1 bedroom (2 on upper, 2 in basement). Rents include utilities. Gross income $38,400. with potential of $50,400. Total expenses of $12,550. Net operating income is $25,850. Viewings of property to be within 48 hrs from date of accepted offer. Offers to be viewed on April 30th at 3:00 pm and registered by 1:00 pm same day. Please follow all Covid protocols. (id:4069)
Address 237 Wellington STREET West
List Price $479,900
Property Type Multi-family
Type of Dwelling Multi-Family
Area Ontario
Sub-Area Chatham
MLS® Number 21005527
Listing Brokerage ROYAL LEPAGE PEIFER REALTY Brokerage
Postal Code N7M1J9
Zoning M/RES/CBD

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Wayne Liddy

Royal LePage Peifer Realty Inc. Brokerage

195 Mercer St. Chatham Ontario N7M4B4

Mobile: 519-436-4810

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