1 of 14 - 106 Lorne Avenue, Chatham-Kent (chatham), Ontario
2 of 14 - 106 Lorne Avenue, Chatham-Kent (chatham), Ontario
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106 Lorne Avenue, Chatham-Kent (chatham), Ontario

$749,999

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9,332

Square feet

About 106 Lorne Avenue

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. (id:36535)

Features of 106 Lorne Avenue

Listing # X13785124
Price $749,999
Bathrooms 0.00
Square Footage 9,332
Acres 0.00
Type Multi-family

Community Information

Address 106 Lorne Avenue
Subdivision Chatham
City Chatham-Kent (chatham)
Province Ontario
Postal Code N7M1S1

Amenities

Amenities Highway, Public Transit
Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters, Radiant heat
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=89 x 103.75 FT

Listing Details

OfficeCourtesy Of MYSAK REALTY INC.

Listing Map