Address: 266 Grand AVENUE West, Chatham Postal Code: N7L1C1 Style: Type: Multi-family Triplex Bedrooms: 0 Bathrooms: 0 / 0 Garage: Other Lot Size: x Property Size: 80.56 x Irregular Stories: 2
About 266 Grand Avenue West
Turnkey investment opportunity, fully occupied Triplex with strong cash flow and NOI. Well maintained, backing onto the Thames River, zoned urban commercial, with endless income opportunities and potential uses. Currently set up as 3 separate units. Main floor unit is a well appointed 2 bed plus bonus room, renting for $1485 a month, all incl. Cozy basement unit recently renovated, renting for $1076 a month, all incl. Upper unit is very spacious with future potential as it has an additional floor that is not currently utilized. Renting for $830 plus hydro and gas. All units are occupied and rents are paid on time. Annual gross income of $40,692. Estimated annual expenses of $9832, with an approx. NOI of $30,860. Please allow a MINIMUM of 24 hours notice for ALL showings. (id:56071)
Property Features
Rental Equipment: Water Heater - Gas Directions: Take Grand Ave W past Lacroix. Turn left onto the side street beside RestorFX. Driveway on the right-hand side. Zoning Description: UC (HC1) Lot: 80.56 x Irregular|1/2 - 1 acre 80.56 x Irregular Exterior Finish: Aluminum/Vinyl, Brick Flooring: Hardwood, Laminate, Cushion/Lino/Vinyl Water: , Heating / Cooling: Natural gas / Central air conditioning Age: 1900 Foundation: Block, Concrete Constructed Date: 1900 Basement:
Rooms & Sizes
Contact Us! For More Information or Schedule a Showing.
John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
Terms Of Use
This website is operated by RE/MAX Centre City John DiRenzo Team Brokerage, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, RE/MAX Centre City John DiRenzo Team Brokerage, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
Trademarks:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
FOR SALE
FOR SALE
FOR SALE
FOR SALE
FOR SALE