$299,000 FOR SALE

Investment

Lot: 66 x 99 ftTotal Area: 2,450 ft2
2023 Taxes: $1,175

398 Brown St
Chatham-Kent, ON N0P 1M0 | Dresden

Situated on a generous corner lot, this triplex offers an excellent investment opportunity, featuring three 1-bedroom units two of which are vacant and one currently occupied under a month-to-month lease. This setup allows for immediate leasing of two units at current market rates. The first vacant unit has been completely renovated, offering modern finishes and move-in readiness. The second vacant unit presents a unique opportunity for value enhancement, with potential for conversion into a spacious 2-bedroom unit, perfect to boost monthly revenue. Additionally, the property offers a metal roof and a detached double car garage with ample parking, accommodating multiple tenants with ease. Its prime location near a variety of essential amenities, coupled with its proximity to the downtown area, heightens its appeal as a highly desirable rental choice.

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Listed By STREETCITY REALTY INC., Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8283328
Last Updated May 01, 2024
Property Summary
Property Type Investment

More like this:
PIN 006020105
Legal Description PLAN 133 LOT 13
Occupancy Own+Ten
Possession Date 1-29Days
Taxes (2023) $1,175
Assessment (2023) $64,000
Directions/Cross Streets Turn Left Onto Brown St From North St.
Neighbourhood Dresden
Area Chatham-Kent
Price History
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Detailed Information
Bathrooms 3
Lot 66 x 99 ft
Total Area 2,450 ft2
Air Conditioning None
Basement N
Garage Type Detached
Parking Spaces 4
Sewers Sewers
Water Municipal
Zoning r1(f)
Seller Property Info Statement Y

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