217 SELKIRK STREET

Multi-family For Sale in Chatham, Ontario

$425,000
Attention investors!! Here’s a turnkey duplex offering immediate cash flow! This fully renovated income property is generating $3,250/month ($39,000/year) in rental income, with the lower 2-bedroom unit rented at $1,850/month + hydro and the upper 1-bedroom unit at $1,400/month + hydro and gas. Both units have separate utilities but water is included and on 1 metre. When you step inside you will find extensive upgrades throughout including new kitchens with quartz countertops, new bathrooms with custom porcelain tile, waterproof laminate flooring, new windows, new drywall, insulation, trim, doors, pot lights, and modern finishes top to bottom. Upper unit wall furnace, lower unit furnace and A/C, Exterior improvements include two brand-new front porches, new deck and fencing, and separate driveways—parking for 4 vehicles (lower unit) and 2 vehicles (upper unit). Whether you're an investor adding a quality asset to your portfolio or a buyer looking to offset your mortgage by living in the top unit and renting the lower, this property delivers on value, style, and income potential. Don’t miss this exceptional opportunity! 24 hour notice for all showings (id:4069)
Address
217 SELKIRK STREET
List Price
$425,000
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Chatham
Lot Size
47.92 X 132.68 / 0.153 AC Sq. Ft.
MLS® Number
25028615
Listing Brokerage
ROYAL LEPAGE PEIFER REALTY Brokerage
Postal Code
N7L1Z3
Zoning
RL3

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Laura Tourangeau

ROYAL LEPAGE PEIFER REALTY Brokerage

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Office: (519) 401-9743

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425 McNaughton Ave W, Chatham ON N7L 4K4