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:53193)
Property Details
| MLS® Number | 25003283 |
| Property Type | Multi-family |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| ExteriorFinish | Brick |
| FlooringType | Cushion/lino/vinyl |
| FoundationType | Concrete, Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
Parking
| Other | 0 |
Land
| Acreage | No |
| ZoningDescription | Uc-cbd |
https://www.realtor.ca/real-estate/27944806/41-fourth-street-chatham
Interested?
Contact us for more information
Annita Zimmerman
Sales Person
RE/MAX Preferred Realty Ltd.
250 St. Clair St.
Chatham, Ontario N7L 3J9
250 St. Clair St.
Chatham, Ontario N7L 3J9
Candice Oliveira
Sales Person
RE/MAX Preferred Realty Ltd.
250 St. Clair St.
Chatham, Ontario N7L 3J9
250 St. Clair St.
Chatham, Ontario N7L 3J9
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February 27 2025 09:25:36
Chatham Kent Association of REALTORS®
RE/MAX Preferred Realty Ltd.