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
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