79 King STREET West, Chatham, Ontario N7M 1C7
$425,000.00
- 1 bedroom
- 1 bathroom
Welcome to 79 King Street West – the Historic "Nichol Block" Nestled in the heart of downtown Chatham, this is a rare chance to own a prime investment property in a dynamic and evolving area with exciting development opportunities on the horizon. Owned by the same family for over 60 years, this property boasts quality long-term tenants and generates approximately $1,615 in monthly rental income. The building features a versatile layout: the ground floor houses a commercial restaurant space, while the upper unit serves as a residential space. Utilities are currently covered by the owner for the residential tenant and paid by the tenant in the lower ... read more
Welcome to 79 King Street West – the Historic "Nichol Block" Nestled in the heart of downtown Chatham, this is a rare chance to own a prime investment property in a dynamic and evolving area with exciting development opportunities on the horizon. Owned by the same family for over 60 years, this property boasts quality long-term tenants and generates approximately $1,615 in monthly rental income. The building features a versatile layout: the ground floor houses a commercial restaurant space, while the upper unit serves as a residential space. Utilities are currently covered by the owner for the residential tenant and paid by the tenant in the lower commercial unit. A full basement, accessible through the restaurant, offers ample storage space. Don’t miss this unique opportunity to invest in a vibrant and growing downtown core! See Floor plan for all measurements (id:25417)
- Listing ID: 25000018
- Property Type: Single Family
- Year Built: 1900
| Rooms | Level | Dimensions |
|---|---|---|
| Storage | Second level | 5 ft ,1 in x 9 ft ,2 in |
| Other | Second level | 5 ft ,11 in x 15 ft ,11 in |
| Utility room | Second level | 6 ft ,7 in x 10 ft ,1 in |
| Primary Bedroom | Second level | 16 ft ,11 in x 9 ft ,8 in |
| Living room | Second level | 19 ft ,7 in x 22 ft ,2 in |
| Kitchen | Second level | 13 ft ,4 in x 6 ft ,5 in |
| 4pc Bathroom | Second level | 4 ft ,11 in x 8 ft ,5 in |
| Bedroom | Second level | 11 ft ,9 in x 10 ft ,1 in |
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