398 BROWN ST

Chatham-Kent, Ontario, N0P1M0, Canada

$299,000

Situated on a generous corner lot, this triplex offers an excellent investment opportunity,featuring three 1-bedroom unitstwo of which are vacant and one currently occupied under amonth-to-month lease. This setup allows for immediate leasing of two units at current market rates.The first vacant unit has been completely renovated from top-to-bottom, offering modern finishes andmove-in readiness. The second vacant unit presents a unique opportunity for value enhancement, withpotential for conversion into a spacious 2-bedroom unit, to boost monthly revenue. Additionally, theproperty features a metal roof and a detached double car garage with ample parking, accommodatingmultiple tenants with ease. Its prime location near a variety of essential amenities, coupled withits proximity to the downtown area, adds appeal as a highly desirable rental choice.

EXTRAS property sold 'as is' as seller has never occupied the property.

Last updated on : Wednesday 10th of April 2024 03:30:59 PM

ADDRESS

Street : 398 BROWN ST

City : Chatham-Kent

Province : Ontario

Country : Canada

Postal Code : N0P1M0

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PROPERTY SUMMARY

Property ID : X8221506

Building Type : Triplex

Property Type : Single Family

Bedrooms : 3

Bathrooms : 3

Parking : 6

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