215 Grand AVENUE East
Chatham, Ontario, N7L1W3
For Sale | $325,000 | 3 beds | 2 baths
Key facts
- Property type: Single Family
- Structure: House
- Transaction: For Sale
- Price: $325,000
- Bedrooms: 3
- Bathrooms: 2
- Lot size: 42.72 X 133
- Year built: 1850
- Listing key: 29548227
Listing overview
Turnkey investment opportunity! Solid all-brick 1.5 storey duplex offering two separately metered units (gas & electricity) with strong income potential. The main floor features a 2 bedroom, 1 bath unit with spacious living and dining area, in-suite laundry, and a long-term tenant currently paying $800/month plus utilities. The upper unit offers a fully renovated 1 bedroom, 1 bath layout with living room, galley kitchen, and in-suite laundry. Currently rented at $800/month plus $250 utilities, with market rent potential of approximately class="container" id="details-container",100/month.Both units have seen updates over the years. Main floor includes newer furnace and owned hot water tank. Property also features a newer roof. Ideal opportunity for investors looking to expand their portfolio or buyers looking to offset ownership costs with rental income. Separately metered services provide added convenience and flexibility. O...

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