ON
Chatham
N7L1W3
215 Grand E Avenue
215 Grand E Avenue, Chatham, ON N7L1W3
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Listing Type
Single Family
Listing Status
Active
8
$325,000

Home Details for 215 Grand E Avenue

Price
$325,000
Type
Residential
Bedrooms
3
Total Bathrooms
2
Year built
1850
Listing #
26006843
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:31684)

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Natural Gas
Listing Courtesy: NEST REALTY INC.
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EXIT INTEGRITY REALTY, BROKERAGE
240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
Alourd Rosales
License #: 6002375
Sales Representative
Office
647 618 3158
Agent
226 989 2676
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