215 Grand Avenue East, Chatham, ON, N7L1W3

Property Details: - Type: House/Single Family - Bedrooms: 3 - Bathrooms: 2 - MLS#: 26006843 Listed By: NEST REALTY INC.

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:65070) This house/single family home located at 215 Grand Avenue East, Chatham is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $325,000 with an estimated mortgage of $1,196* per month. It has 3 beds and 2 bathrooms. The property was built in 1850. 215 Grand Avenue East, Chatham is in Chatham.