404 Grand AVENUE East

Multi-family For Sale in Chatham, Ontario

$499,000
This multi-unit brick house and property is located along a prominent commercial corridor, featuring a detached two-bedroom garden home and four one-bedroom units in the main house. Just under half an acre of land with large multi residential development underway just down the road. Up and coming area with new municipal sewers, sidewalks and road completed last year. While the property requires some refurbishment, it stands as a viable income option with commercial zoning and the potential for additional development. Excellent investment opportunity for those seeking a multi door unit with great commercial land speculation potential. 48hrs notice required for showings. Estimated annual net income is $29,329. (id:4069)
Address 404 Grand AVENUE East
List Price $499,000
Property Type Multi-family
Type of Dwelling Multi-Family
Area Ontario
Sub-Area Chatham
Year Built 1900
MLS® Number 24000280
Listing Brokerage ROYAL LEPAGE PEIFER REALTY Brokerage
Postal Code N7L1X1
Zoning UC(HC1)
Amenities Laundry Facility

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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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