146 PARK STREET

Key facts

• Property type: Multi-family
• Structure: Fourplex
• Transaction: For Sale
• Price: $379,900
• Lot size: X / 0.29 AC
• Listing key: 29781668

Listing overview

Attention investors and renovators! Opportunity awaits with this vacant Victorian-style fourplex located in Chatham offering strong income potential and the ability for a new owner to set their own market rents. With projected gross annual income potential of $60,000+ once completed and rented, this property presents an excellent value-add opportunity. The building features four self-contained units, each with separate entrances, including a desirable unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Full of character and architectural charm, this Victorian-style property offers excellent potential for investors looking to restore and improve a unique multi-family asset while building equity through renovations. Several important updates have already been completed while still leaving room for improvement inside and out. Most windows have been replaced throughout w...