Legal duplex for sale in Chatham, Ontario, listed at $329,900 with two separate income units. 41 Woods Street offers a two bedroom, one bathroom unit and a three bedroom, one bathroom unit on one property, five bedrooms and two full living spaces in total. The two bedroom unit is owner occupied and shows by appointment. The three bedroom unit is vacant and recently received cosmetic updates, ready for a new tenant or immediate move in. Projected rental income is approximately $1,700 per month for the two bedroom unit and approximately $1,900 per month for the three bedroom unit, for a potential gross of roughly $3,600 monthly. Both units have their own kitchen and living space, and the units are separately metered, so tenants carry their own utilities. Heating is a gas furnace with ductless cooling. A double driveway gives both units their own parking, and the fully fenced backyard includes storage space and a front porch. This Chatham Kent duplex works for investors building rental income, house hackers looking to offset a mortgage from day one, or multigenerational families who want separate units on one property. In a north side Chatham neighbourhood with steady rental demand. (id:4069)
Address
41 WOODS STREET
List Price
$329,900
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
Ontario
Sub-Area
Chatham
Bedrooms
5
Bathrooms
2
Lot Size
52.36 X 101.55 / 0.122 AC Sq. Ft.
Year Built
1900
MLS® Number
26019424
Listing Brokerage
RE/MAX PREFERRED REALTY LTD.
| REMAX PREFERRED REALTY LTD. - 585
Postal Code
N7L3P9
Zoning
RL3
Ownership
Freehold
Features
Double width or more driveway, Gravel Driveway
Appliances
Dryer, Microwave, Two stoves, Two Refrigerators
Heat Source
Electric, Natural gas
Heat Type
Ductless, Forced air, Furnace, Heat Pump
Cooling Features
Heat Pump
Foundation Details
Block
Number Of Floors In Building
1.75
