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119 Harvey Street Chatham, Ontario N7M 1N4

Baseboard Heaters

$299,990

Amazing investment opportunity in the rapidly expanding Chatham area. Centrally located turn key Duplex. Both 2 bedroom units with full basement for additional storage. Lower unit has been completely renovated in 2022. Lower unit pays $1,350 plus hydro and gas. Upper unit rented for $900/month plus hydro and gas. Access from the rear of the property for additional parking and entry to lower unit. Currently 6.5% CAP rate, with market rent potential for 8%+. Great location, strong rent-roll, and even better tenants! Great ""house hack"", or addition to any portfolio. (id:38131)

Property Details

MLS® Number 24000969
Property Type Multi-family

Building

Amenities Laundry Facility
Exterior Finish Aluminum/vinyl
Fireplace Present No
Flooring Type Ceramic/porcelain, Cushion/lino/vinyl
Foundation Type Block, Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Type Duplex

Parking

Other 3

Land

Acreage No
Size Irregular 41.24 X 118.18 Ft
Size Total Text 41.24 X 118.18 Ft|under 1/4 Acre
Zoning Description Rl3

https://www.realtor.ca/real-estate/26426215/119-harvey-street-chatham

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