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CAONChatham22 Cross Street
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22 Cross Street, Chatham, ON

Real Estate

For Sale

$X
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000

MLS® 26001855

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes $1,663
Days Active 1
Lot Size 
Approx. Age 
MLS® Number 26001855

Property Address: 22 Cross Street, Chatham, ON, N7M2L1

Average square foot calculated using Size range provided by listing agent.

Description

This investment property presents a compelling opportunity with strong potential returns. This property offers a one-bedroom unit with a projected rent of $1, 350 and a two-bedroom unit projected at $1, 750 plus utilities. With a list price of $369, 000, the projected cap rate stands over a solid 10% after accounting for insurance and property taxes. Notably, the property is vacant and ready for new tenancy, allowing a new owner to present immediate occupancy without downtime. Typically, properties at this return level require substantial renovations; however, this property has been extensively updated. Electrical work is completely brand new, including complete rewiring, a separate meter and panel-based setup, updated overhead service, and all new electrical components. All ESA inspections have been completed, and the property is equipped with two water tanks, two furnaces, two gas meters and two water meters. In summary, the property is move-in ready or ready for tenancy with existing high-return potential. What are you waiting for? Don't miss out on this amazing cash flow opportunity! (id:58753)Show Description
MLS® Number26001855
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
DrivewayOther
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Other:Main FloorNot available
Other:Main FloorNot available
Bedroom 1:Main FloorNot available
Living Room:Main FloorNot available
Laundry:Main FloorNot available
Utility Room:BasementNot available
Kitchen:Main FloorNot available
Dining Room:Main FloorNot available

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Price History

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  • Commute

Commute

Starting Address
Destination Address
22 Cross Street, Chatham, ON

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