More Photos More Photos

carpeted dining area featuring lofted ceiling Features: vaulted ceiling, high ceiling, smoke carbon monoxide detector, notable chandelier, tv, natural light, carpet

dining room with dark carpet Features: natural light, carpet, tv

view of welcome area Features: security camera

office space featuring high vaulted ceiling and light wood-type flooring Features: vaulted ceiling, tv, high ceiling, hardwood floor

view of office Features: natural light, vent

office with wood-type flooring Features: hardwood floor, vaulted ceiling

view of home office Features: vent, natural light

office featuring light hardwood / wood-style floors Features: hardwood floor, tv

home office featuring hardwood / wood-style flooring Features: hardwood floor, security camera, natural light, tv

office featuring light hardwood / wood-style floors Features: hardwood floor

living area featuring light hardwood / wood-style flooring Features: hardwood floor, natural light

doorway to outside featuring wood-type flooring Features: hardwood floor, fire extinguisher, natural light

bathroom with toilet and vanity Features: vanity, sink, toilet, mirror

interior space with sink Features: refrigerator, sink

dining room with sink and a paneled ceiling Features: drop ceiling, microwave, range oven, sink

bathroom featuring shower / bath combination with curtain and toilet Features: toilet, combined bath shower

hall featuring a drop ceiling Features: drop ceiling, smoke carbon monoxide detector

interior space featuring wood walls Features: wood wall, natural light

corridor with a drop ceiling Features: drop ceiling

bathroom featuring vanity, toilet, wood-type flooring, and an enclosed shower Features: mirror, shower, vanity, sink, toilet, hardwood floor

bathroom with toilet, curtained shower, and sink Features: mirror, shower, sink, natural light, toilet

kitchen featuring sink, white cabinets, white appliances, and dark hardwood / wood-style flooring Features: sink, raised cabinets, fire extinguisher, microwave, countertops, hardwood floor, range oven, white cabinets, natural light

bedroom with a drop ceiling Features: drop ceiling, natural light, tile floor

view of spare room Features: smoke carbon monoxide detector, vent

bathroom featuring vanity, toilet, and an enclosed shower Features: vanity, shower, sink, toilet

kitchen with white cabinets, sink, electric range, and a paneled ceiling Features: drop ceiling, microwave, sink, natural light, white cabinets, countertops, vent, range oven

utility room with electric panel Features: electric panel

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For Sale - 41 FOURTH Street, Chatham, Ontario

41 Fourth Street

Chatham , Ontario

$999,900

Est payment $5,027/mo

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Time on Jump 4 day

Property Info

Introducing an exceptional investment opportunity in the heart of downtown! This fully renovated 16-room rental building features a prime commercial space at the front, complemented by two storeys of residential units, 3 kitchens and 4 baths. With a total of 5,100 sq. Ft., including 1,848 sq. Ft. Of commercial space and 3,250 sq. Ft. Of residential living, this full brick building is perfectly positioned close to all amenities. The property boasts an impressive cap rate of over 10%, making it an excellent choice for savvy investors looking to maximize their returns. Don’t miss your chance to own a piece of downtown real estate with great potential! Please allow 36 hours for viewings! Tenant occupied!

Listing ID24023491

Address41 FOURTH Street

CityChatham, Ontario

Price$999,900

ConstructionBrick

FlooringCushion or Lino or Vinyl

TypeMulti-Family

StatusFor Sale

Extras

Subtype Over 12 UnitsInclusions 16 mini refrigerators, 3 stovesOwnership FreeholdBuilding Amenities Public Transportation Nearby, Shopping Area, Store FrontAppliances StoveFoundation Concrete, UnknownHeating / Cooling Forced AirHeating Fuel Natural GasHot Water Tank Other, See RemarksUtility Water Municipal WaterSewer Sanitary

Market Info

Date Listed Oct 15, 2024Days on Market 7

Listing Agent:
ANNITA ZIMMERMAN

Listing Agency:
Re/Max Preferred Realty Ltd.

Co-Listing Agent:
CANDICE OLIVEIRA

Co-Listing Agency:
Re/Max Preferred Realty Ltd.

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Nicole Wang

Sales Representative

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Listing Agent:
ANNITA ZIMMERMAN

Listing Agency:
Re/Max Preferred Realty Ltd.

Co-Listing Agent:
CANDICE OLIVEIRA

Co-Listing Agency:
Re/Max Preferred Realty Ltd.

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For Sale - 41 FOURTH Street, Chatham, Ontario

Property Info

Extras

Market Info

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