EXCELLENT RATE OF RETURN!! RARE OPPORTUNITY TO OWN THIS 8 UNIT BUILDING - LOCATED MINUTES FROM LAKE ERIE JUST ON THE OUTSKIRTS OF BLENHEIM- FULLY OCCUPIED BUILDING BOASTING OVER AN 8% CAP RATE- LARGE LOT WITH EXCELLENT POTENTIAL FOR FURTHER DEVELOPMENT! AMPLE PARKING - MANY RECENT UPGRADES TO INCLUDE NEWLY SIDED, SOME NEW WINDOWS - UPGRADED UNITS- UTILITIES ARE INCLUDED IN THE RENTS - LARGE UNITS - INCOME & EXPENSE STATEMENT ATTACHED - 2 FORCED AIR GAS FURNACES - SOME ELECTRIC BASEBOARD HEATERS - ALL INFORMATION TO BE VERIFIED BY THE BUYER (id:48127)
MLS® Number | 23002209 |
Property Type | Multi-family |
Equipment Type | Water Heater - Gas |
Rental Equipment Type | Water Heater - Gas |
Exterior Finish | Aluminum/vinyl |
Flooring Type | Laminate, Cushion/lino/vinyl |
Heating Fuel | Natural Gas |
Heating Type | Baseboard Heaters, Forced Air |
Stories Total | 2 |
Type | Multi-family |
Other | 10 |
Acreage | No |
Sewer | Septic System |
Size Irregular | 151.62 X 246 Feet (37,286.15 Sq. Ft.) |
Size Total Text | 151.62 X 246 Feet (37,286.15 Sq. Ft.)|1/2 - 1 Acre |
Zoning Description | Rm1 |
https://www.realtor.ca/real-estate/25267316/19316-charing-cross-road-charing-cross
Contact us for more information
Annita Zimmerman
Sales Person
(519) 352-2840
(519) 352-2489
www.remaxchatham.ca
Looking to Buy, Sell or Lease in Chatham-Kent?Let our Professional Real Estate Team help you today. | Call 519.436.6161 E-mail Us |