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:47423)
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Detailed Information
Location Description
Lacroix St, East onto Harvey Street.
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RL3
Building
Amenities
Laundry Facility
Exterior Finish
Aluminum/Vinyl
Flooring Type
Ceramic/Porcelain, Cushion/Lino/Vinyl
Foundation Type
Block, Concrete
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Type
Duplex
Parking Spaces
Name
Spaces
Other
3
Land
Total Size
41.24 x 118.18 FT | under 1/4 acre
Size of Irregular Land
41.24 x 118.18 FT
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