106 LORNE AVENUE, Chatham, Ontario N7M 1S1

106 LORNE AVENUE, Chatham, Ontario N7M 1S1
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$749,999.00

  • 9,332 Square Feet

125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. Scheduled tours to see all units will take place Sunday, September 20th from 12-2pm. Please confirm attendance. (id:25417)

  • Listing ID: X13785124
  • Property Type: Multi-family
Property
Lot Size: Bldg=89 by 103.75 FT
Parking: 6 Spaces
Building
Type: Multi-family Multi-Family
HVAC: Baseboard Heaters, Fireplace and Radiant Heat
Location
Town: Chatham
Province: Ontario
Nearby Amenities: Highway and Public Transit

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106 LORNE AVENUE, Chatham, Ontario N7M 1S1
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This property, located on Lorne Avenue in Chatham Ontario, was published on September 15th, 2026. See if this multi-family home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Chatham convenient.

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