Nest Realty
11
Beds
6
Baths
Sq. Ft.

$749,999

106 LORNE AVENUE, Chatham-Kent (Chatham)
Est. payment: $3,595/mo
Property type
Multi-family

Overview

125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. Scheduled tours to see all units will take place Sunday September 20th from 12-2pm. Please confirm attendance. (id:67173)

Features

Style
Stories2.5
Structure TypeOther
FoundationBlock
FireplaceYes (1)
CoolingNone
HeatingBaseboard heaters, Radiant heat, Electric
Exterior FeaturesConcrete
ParkingNo Garage
Lot Size89 x 103.8 FT
Taxes$7,215.94 ()
MLS® IDX13785134

Location

Courtesy of MYSAK REALTY INC.

Interested in this home?

106 LORNE AVENUE

Listing courtesy of the Chatham-Kent Association of REALTORS® as distributed by the Canadian Real Estate Association's DDF®. All information deemed reliable but not guaranteed and should be independently verified. Data updated daily.