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:4069)
Address
41 FOURTH STREET
List Price
$999,900
Property Type
Multi-family
Area
Ontario
Sub-Area
Chatham
MLS® Number
24023491
Listing Brokerage
Re/Max Preferred Realty Ltd.
Postal Code
N7M2G3
Zoning
UC-CBD
Amenities
Shopping Area
