This multi-unit brick house and property is located along a prominent commercial corridor, featuring a detached two-bedroom garden home and four one-bedroom units in the main house. Just under half an acre of land with large multi residential development underway just down the road. Up and coming area with new municipal sewers, sidewalks and road completed last year. This property is a viable income option with commercial zoning and the potential for additional development. Excellent investment opportunity for those seeking a multi door unit with great commercial land speculation potential. 48hrs notice required for showings.
PROPERTY SPECS
Price $499,000
City Chatham, Ontario
Address 404 Grand Avenue
Listing ID 24000280
Construction Brick
Roof Metal
Flooring Carpeted, Ceramic or Porcelain, Mixed Flooring
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Subtype5 - 8 UnitAcreage0.457OwnershipFreeholdBuilding AmenitiesLaundry FacilityFoundationBrick/Stone, UnknownHeating / CoolingBoilerHeating FuelNatural GasHot Water TankGasUtility WaterMunicipal WaterSewerSanitaryDate ListedJan 5, 2024Days on Market113ParkingGravel