77 ERIE STREET S, Chatham-Kent, Ontario N0P 2C0
$1,890,000.00
- 17 bathrooms
Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 ... read more
Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washer/dryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property. (id:25417)
- Listing ID: X14119516
- Property Type: Multi-family
| Property | |
|---|---|
| Land Size: | 1.188 Ac |
| Building | |
|---|---|
| Type: | Multi-family Multi-Family |
| Appliances: | Washer and Dryer |
| HVAC: | Fireplace, Forced Air and Fully Air Conditioned Natural Gas |
| Location | |
|---|---|
| Municipality: | Chatham-Kent |
| Province: | Ontario |
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