$475,000

Chatham ON, N7L 2G1

MLS® # 25026881

Property Information:

This is a rare opportunity to acquire a turn-key, fully tenanted property portfolio with value-add upside and rezoning potential that will unlock a better and higher use on some of the properties. This package is ideal for savvy investors equipped with professional planning guidance and an appetite to embark on the journey of maximizing revenues and property values. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Exterior Finish: Brick
Flooring Type:
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Electric, Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Irregular: Yes
Lot Size: 50' X 210.50'
Zoning: RL3
Parking Type: Other
No. of Parking Spaces: 8

Rooms:

Bathroom 2nd Level Measurements not available
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Laundry Main Level Measurements not available
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Dining Main Level Measurements not available
Kitchen Main Level Measurements not available
Bedroom Main Level Measurements not available
Primary Bedroom Main Level Measurements not available
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Courtesy of: REMAX PREFERRED REALTY LTD. - 586

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⚠ Potential Investment Performance

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Market Price Trends

Location of 36-38 MCNAUGHTON AVENUE East, Chatham, Ontario, N7L 2G1

Lifestyle
Neighbourhood

Demographic Information of 36-38 MCNAUGHTON AVENUE East, Chatham, Ontario, N7L 2G1

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$115,649.04

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.07 %

High school certificate or equivalent

28.63 %

Apprenticeship trade certificate/diploma

6.2 %

College/non-university certificate

30.15 %

University certificate (below bachelor)

1.97 %

University Degree

18.97 %

Commuter

Travel To Work

By Car

96.54 %

By Public Transit

0.0 %

By Walking

0.38 %

By Bicycle

0.12 %

By Other Methods

2.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.63 %

Houses

96.37 %

Own Vs. Rent