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$ 1,125,000
Est. payment | /mo
12 Beds
8 Baths
$ 1,125,000
Est. payment | /mo
12 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Chatham-Kent
MLS Listing ID X13661296
Style Other
Bedrooms 12
Annual Tax Amount $14,616
Tax Year 2026
Property Sub-Type Multiplex
Property Description
Purpose-built 8-unit apartment building offering exceptional value-add potential in Northeast Chatham. This well-maintained property features four 1-bedroom and four 2-bedroom suites, with four units currently vacant, providing an immediate lease-up opportunity for investors seeking to increase rental income. The building offers separately metered hydro, electric baseboard heating, coin-operated laundry, surface parking, a detached garage, and a large 0.59-acre RM2-zoned lot. Conveniently located close to schools, shopping, healthcare, public transit, and Highway 401, the property combines strong in-place income with significant upside potential. An excellent opportunity for investors, apartment operators, or those looking to expand their multifamily portfolio.
Location
Province ON
County Chatham-kent
Area Chatham-Kent
Rooms
Family Room No
Basement None
Kitchen 8
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Available
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 72.0
Total Parking Spaces 9
Building
Foundation Poured Concrete
Others
ParcelsYN No
Listed by RE/MAX ABOUTOWNE REALTY CORP.
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