106 Lorne Avenue
Chatham, Chatham-Kent, N7M 1S1
FOR SALE
$749,999
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
11
BEDROOMS 6
BATHROOMS 6
KITCHENS 23
ROOMS X13785134
MLSID Contact Us
Property Description
125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. Scheduled tours to see all units will take place Sunday September 20th from 12-2pm. Please confirm attendance.
Call
Property Features
Water Heater
Call
Property Details
Address
106 Lorne Avenue
Community
City
Postal Code
N7M 1S1
Property Type
Multiplex, Multiplex
Lot Size
89' x 104'
Taxes
$7,216 (2025
Basement
Finished, Full
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
6
Garage Type
None
Call
Listing contracted with Mysak Realty Inc.
Call