Quick Summary
Quick Summary
- Investment opportunity in rapidly expanding Chatham area.
- Centrally located turn-key duplex with renovated units.
- Lower unit pays $1,350, upper unit rents for $900/month.
- Currently 6.5% CAP rate, potential for 8%+ market rent.
- Great location, strong rent-roll, and excellent tenants.
- Ideal "house hack" or addition to investment portfolio.
- Rear access for additional parking and entry to units.
- Both units have 2 bedrooms and full basement storage.
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... Show More
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:54626)
Property Details
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For Sale Nearby
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