$599,000
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266 Grand Avenue West, Chatham, ON N7L1C1

Turnkey investment opportunity, fully occupied Triplex with strong cash flow and NOI. Well maintained, backing onto the Thames River, zoned urban commercial, with endless income opportunities and potential uses. Currently set up as 3 separate units. Main floor unit is a well appointed 2 bed plus bonus room, renting for $1485 a month, all incl. Cozy basement unit recently renovated, renting for $1076 a month, all incl. Upper unit is very spacious with future potential as it has an additional floor that is not currently utilized. Renting for $830 plus hydro and gas. All units are occupied and rents are paid on time. Annual gross income of $40, 692. Estimated annual expenses of $9832, with an approx. NOI of $30, 860. Please allow a MINIMUM of 24 hours notice for ALL showings. (id:55598)

  • MLS® 24018163
  • Date Listed12/21/2024
  • Time on Realty 0 Hours
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Year Built 1900

Interior Features

  • Flooring Hardwood, Laminate, Cushion/Lino/Vinyl
  • Cooling Central Air Conditioning
  • Heating Furnace, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / N7L1C1

Source: Walkscore

36/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

46/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 0/100, Bike Score: 33/100.

Points of interest near 266 Grand AVENUE West, Chatham, ON N7L1C1

Frequently Asked Questions for 266 Grand AVENUE West

Source: Realty.com

266 Grand AVENUE West, Chatham, ON N7L1C1 is a Triplex, Residential Income property listed for $599,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 42 photos of 266 Grand AVENUE West.

Our records indicate that 266 Grand AVENUE West was built in 1900.

The full address for this home is 266 Grand AVENUE West, Chatham, ON N7L1C1.

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 27/100, Transit Score: 0/100, Bike Score: 33/100.

Listing provided courtesy of: NEST REALTY INC. (tel: (519) 354-7474)
Listing agent: MEG LYTTLE (tel: (519) 359-0604)

This content last refreshed on 2024-12-21 14:00:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 266 Grand AVENUE West, Chatham, ON N7L1C1 : MLS® 24018163