41 Fourth Street Chatham, Ontario N7M 2G3

Forced Air

$999,900

Introducing an exceptional investment opportunity in the heart of downtown! This fully renovated 16-room rental building features a prime commercial space at the front, complemented by two storeys of residential units, 3 kitchens and 4 baths. With a total of 5,100 sq. ft., including 1,848 sq. ft. of commercial space and 3,250 sq. ft. of residential living, this full brick building is perfectly positioned close to all amenities. The property boasts an impressive cap rate of over 10%, making it an excellent choice for savvy investors looking to maximize their returns. Don’t miss your chance to own a piece of downtown real estate with great potential! Please allow 36 hours for viewings! Tenant occupied! (id:35492)

Property Details

MLS® Number 24023491
Property Type Multi-family
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Amenities Shopping Area
Exterior Finish Brick
Flooring Type Cushion/lino/vinyl
Foundation Type Concrete, Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2

Parking

Other 0

Land

Acreage No
Zoning Description Uc-cbd

https://www.realtor.ca/real-estate/27551814/41-fourth-street-chatham

Contact Us

Contact us for more information

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Annita Zimmerman
Sales Person

(519) 358-6117
(519) 352-2489

RE/MAX Preferred Realty Ltd.
250 St. Clair St.
Chatham, Ontario N7L 3J9

(519) 352-2840
(519) 352-2489
www.remax-preferred-on.com/

Candice Oliveira
Sales Person

(519) 365-6329

RE/MAX Preferred Realty Ltd.
250 St. Clair St.
Chatham, Ontario N7L 3J9

(519) 352-2840
(519) 352-2489
www.remax-preferred-on.com/

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