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Nest Realty Inc. Brokerage

website@nestrealty.ca +1(519) 354-7474

$ 299,000

Est. payment -/mo

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Price Dropped by $26K

215 Grand AVENUE East Chatham, ON N7L1W3

3 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 26006843

Bedrooms 3

Year Built 1850

Property Sub-Type Freehold

Property Description

Turnkey investment opportunity! Solid all-brick 1.5 storey duplex offering two separately metered units (gas & electricity) with strong income potential. The main floor features a 2 bedroom, 1 bath unit with spacious living and dining area, in-suite laundry, and a long-term tenant currently paying $800/month plus utilities. The upper unit offers a fully renovated 1 bedroom, 1 bath layout with living room, galley kitchen, and in-suite laundry. Currently rented at $800/month plus $250 utilities, with market rent potential of approximately $1,100/month.Both units have seen updates over the years. Main floor includes newer furnace and owned hot water tank. Property also features a newer roof. Ideal opportunity for investors looking to expand their portfolio or buyers looking to offset ownership costs with rental income. Separately metered services provide added convenience and flexibility. Opportunity also exists for buyers to assume vacant possession for personal use while leveraging income from the upper unit — a smart way to reduce expenses and save toward your next purchase. Call today to #lovewhereyoulive. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 14 ft X 12 ft Living room

Extra Room 2 Second level 9 ft X 11 ft Primary Bedroom

Extra Room 3 Second level Measurements not available 4pc Bathroom

Extra Room 4 Second level 14 ft X 5 ft Kitchen

Extra Room 5 Main level 13 ft X 12 ft Primary Bedroom

Extra Room 6 Main level 9 ft X 11 ft , 4 in Bedroom

Interior

Heating Furnace,

Cooling Central air conditioning

Flooring Ceramic/Porcelain, Hardwood, Cushion/Lino/Vinyl

Exterior

Parking Features No

Fence Fence

View Y/N No

Attached Garage No

Garage No

Private Pool No

Building

Story 1.5

Others

Ownership Freehold

Listed by NEST REALTY INC.

NEARBY SCHOOL & BUSINESS

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Nest Realty Inc. Brokerage

+1(519) 354-7474