Spacious and updated 5plex with strong rental income. Total yearly rental income of approximately $67,000 and approximately $14,500 in operating expenses. Recent upgrades include a new boiler system, steel roof, new windows, soffit, fascia, eavestroughs, and unit renovations. The building also features updated electrical, plumbing, front lobby, and a security system. Don't miss out on this fantastic investment opportunity! Sellers will entertain up to 10% as a second position VTB with the right offer. (id:38121)
MLS® Number | 23002927 |
Property Type | Multi-family |
Constructed Date | 1882 |
Exterior Finish | Brick |
Flooring Type | Mixed Flooring |
Heating Fuel | Natural Gas |
Heating Type | Boiler |
Stories Total | 2 |
Type | Multi-family |
Other | 4 |
Acreage | No |
Size Total Text | Under 1/4 Acre |
Zoning Description | Rl3 |
https://www.realtor.ca/real-estate/25326945/102-wellington-street-east-chatham
Contact us for more information
Jeremy Lloyd Ivany
Sales Person
(519) 649-1888
(519) 937-9111