For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Chatham-Kent
MLS Listing ID X12018400
Sold Date 05/07/25
Style 2-Storey
Bedrooms 12
Annual Tax Amount $5,125
Tax Year 2024
Property Sub-Type Fourplex
Lot Depth 134.84
Lot Front 60.5
Appx SqFt 3500-5000
Property Description
Calling All Investors! This recently renovated fourplex is a must see! If you are looking for a high cash flow, low expense property, this is for you. 3/4 Units have been completely renovated in the past year. Perfect for investors seeking a solid rental income, this property offers four spacious 3-bedroom, 2-bathroom units and includes a basement rec room and laundry area. 100% tenanted Grossing 65,000 annually. Each unit has separately metered utilities, with tenants paying all utility costs. Additionally, tenants own and maintain their own major appliances, minimizing landlord responsibilities.
Location
Province ON
County Chatham-kent
Community Chatham-Kent
Area Chatham-Kent
Zoning RM1
Rooms
Family Room No
Basement Partially Finished
Kitchen 4
Interior
Interior Features Storage, Separate Hydro Meter
Cooling Other
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.5
Lot Depth 134.84
Total Parking Spaces 4
Building
Foundation Concrete Block
Others
Senior Community No
ParcelsYN No
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP