201 GRAND AVENUE West

Multi-family For Sale in Chatham, Ontario

$359,000
Located near a prime, high-traffic intersection, this versatile mixed-use property offers an excellent opportunity for both residential and commercial use with outstanding exposure. It is ideal for an owner looking to operate a business on-site while generating supplemental rental income. The property includes three one-bedroom apartments, with the upper unit currently rented for $1,510 per month all-inclusive, and the lower unit operating as a frequently booked Airbnb. The commercial space is presently vacant, allowing you to move in your own business or set your own rent for additional income. Additional features include a metal roof on the main building, a full basement, ample parking, and a detached garage, making this a strong investment or owner-occupied opportunity with flexible income potential. (id:4069)
Address
201 GRAND AVENUE West
List Price
$359,000
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Chatham
Lot Size
50.74 X 102.70 FT / 0.12 AC Sq. Ft.
MLS® Number
26002011
Listing Brokerage
JUMP REALTY INC.
Postal Code
N7L1C2
Zoning
HC1
Amenities
Laundry Facility, Shopping Area

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Bill Myers

Advanced Realty Solutions Inc.

Mobile: 519-365-2094

Email Directly

551 Queen Street Chatham ON N7M 2J4