79 King STREET West, Chatham FOR SALE

Brokered by: ROYAL LEPAGE PEIFER REALTY Brokerage

MLS®: 25000018 (Freehold)

Price: $425,000.00

Address: 79 King STREET West, Chatham
FOR SALE
Postal Code: N7M1C7
Style: 
Type: Single Family House
Bedrooms: 1
Bathrooms: 1 / 0
Bedrooms Aboveground:  1
Bedrooms Belowground:  0
Lot Size:   x
Property Size:  20XIrregular
Stories:  2


About 79 King Street West

Welcome to 79 King Street West – the Historic ""Nichol Block"" Nestled in the heart of downtown Chatham, this is a rare chance to own a prime investment property in a dynamic and evolving area with exciting development opportunities on the horizon. Owned by the same family for over 60 years, this property boasts quality long-term tenants and generates approximately $1,615 in monthly rental income. The building features a versatile layout: the ground floor houses a commercial restaurant space, while the upper unit serves as a residential space. Utilities are currently covered by the owner for the residential tenant and paid by the tenant in the lower commercial unit. A full basement, accessible through the restaurant, offers ample storage space. Don’t miss this unique opportunity to invest in a vibrant and growing downtown core! See Floor plan for all measurements (id:56071). Get more information on 79 King Street West

Property Features

Features:  Mutual Driveway
Rental Equipment:  
Directions:  Fifth Street to King Street West
Zoning Description:  UC (CBD)
Lot:  20XIrregular|under 1/4 acre 20XIrregular
Exterior Finish:  Brick
Flooring:  Carpeted, Ceramic/Porcelain, Laminate, Cushion/Lino/Vinyl
Water:  ,
Heating / Cooling:   Natural gas /
Age:  1900
Foundation: Block
Constructed Date:  1900
Basement:  

Rooms & Sizes

 Storage Second level 5 ft ,1 in x 9 ft ,2 in  Other Second level 5 ft ,11 in x 15 ft ,11 in  Utility room Second level 6 ft ,7 in x 10 ft ,1 in
 Primary Bedroom Second level 16 ft ,11 in x 9 ft ,8 in  Living room Second level 19 ft ,7 in x 22 ft ,2 in  Kitchen Second level 13 ft ,4 in x 6 ft ,5 in
 4pc Bathroom Second level 4 ft ,11 in x 8 ft ,5 in  Bedroom Second level 11 ft ,9 in x 10 ft ,1 in  

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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.