41 FOURTH STREET, Chatham FOR SALE

Brokered by: RE/MAX PREFERRED REALTY LTD.

MLS®: 25003283 (Freehold)

Price: $999,000.00

Address: 41 FOURTH STREET, Chatham
FOR SALE
Postal Code: N7M2G3
Style: 
Bedrooms: 0
Bathrooms: 0 / 0
Parking:  Other
Garage: Other
Lot Size:   x
Stories:  2


About 41 Fourth Street

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! (id:56071). Get more information on 41 Fourth Street

Property Features

Rental Equipment:  Water Heater
Directions:  KING STREET TURN SOUTH ONTO 41 FOURTH STREET
Zoning Description:  UC-CBD
Lot:  
Exterior Finish:  Brick
Flooring:  Cushion/Lino/Vinyl
Water:  ,
Heating / Cooling:   Natural gas /
Age: 
Foundation: Concrete, Unknown
Basement:  

Rooms & Sizes

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.