Price Reduction
Address
46 Richmond Street Chatham, ON
Price
$ 758,888
Property Attributes
  • MLS#21006485
  • TypeMulti-Family
  • CityChatham
  • AreaSouth West
  • NeighbourhoodS3
  • Postal CodeN7M 1N6
  • Style9-12 Units
  • Taxes$ 3106
  • Price$ 758,888
  • Bedrooms10
  • Full Bathrooms10
  • Half Bathrooms0
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
ROYAL LEPAGE PEIFER REALTY Brokerage
Data Source:
Sarnia-Lambton Real Estate Board (SLREB)
Property Description

PRIME INVESTMENT OPPORTUNITY. This ten-unit apartment building is fully rented. Seven tenants are on a pay direct program and three pay the landlord. Parking is limited to 3 or 4 cars. It is only a short walk to downtown Chatham and public transportation is close by. GROSS RENT FOR 2020 WAS $82K with a net income of 45K. Apartment configurations and their respective unit rents are available from the listing agent. FOR MORE INFORMATION contact the listing agent.

Price History
5/10/2021 Listed $888,888
6/2/2021 7% - $832,888
6/9/2021 9% - $758,888

General Features

City Chatham
DOM 33
District South West
Exclusions TENANTS FURNITURE AND PERSONAL PROPERTY.
Handicap No
Heating Cooling Forced Air, Furnace
Major Area Chatham City
Parcel Number 365042002014400
Property Type Multi-Family
Roof Asphalt Shingle
Sewer Sanitary
Status Active
Street Name RICHMOND
Supplement Modification Timestam 2021-06-12T22:46:35.227
Tax Year 2020
Transaction Type Sale
Year Built Description Unknown
Zoning UC(HC1)

Interior Features

Heating Fuel Natural Gas

Exterior Features

Exterior Finish Brick, Concrete Block
Inclusions ANY APPLIANCES OWNED BY THE SELLER
Sewer Availability Connected
Street Number 46
Water Availability Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N7M 1N6

Price
AVG $760K
$760K
Taxes
AVG $3,106
$3,106
Visits
AVG 15
14