Amazing investment opportunity in the rapidly expanding Chatham area. Centrally located turn key Duplex. Both 2 bedroom units with full basement for additional storage. Lower unit has been completely renovated in 2022. Lower unit pays $1,350 plus hydro and gas. Upper unit rented for $900/month plus hydro and gas. Access from the rear of the property for additional parking and entry to lower unit. Currently 6.5% CAP rate, with market rent potential for 8%+. Great location, strong rent-roll, and even better tenants! Great ""house hack"", or addition to any portfolio. (id:4555)
PROPERTY SPECS
Listing ID 24000969
Address 119 Harvey STREET
City Chatham, ON
Price $299,990
Construction Aluminum/Vinyl
Flooring Ceramic/Porcelain, Cushion/Lino/Vinyl
Land Size 41.24 x 118.18 FT
Type Duplex
Status For sale
EXTENDED FEATURES
OwnershipFreeholdBuilding AmenitiesLaundry FacilityFoundationBlock, ConcreteHeatingBaseboard heatersHeating FuelElectricDate Listed2024-01-18 17:01:13Days on Market109
LISTING OFFICE:
Royal Lepage Peifer Realty Brokerage, Marco Acampora