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73 Taylor Avenue, Chatham-Kent, ON N7L 2T7

$1,125,000
: 12
BD
: 8
BA

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List Price: $1,125,000
MLS#: X13661296
Status: ACTIVE
Type: Multifamily
SubType: Multiplex
Style: Other
Bedrooms: 12
Bathrooms: 8
Living Area: 5000 +
Province: ON
Municipality: Chatham-Kent
Area: Chatham-Kent
Neighborhood: Chatham-Kent
Subdivision: Mcnaughton Ave E And Taylor Ave

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Property Description

Purpose-built 8-unit apartment building offering exceptional value-add potential in Northeast Chatham. This well-maintained property features four 1-bedroom and four 2-bedroom suites, with four units currently vacant, providing an immediate lease-up opportunity for investors seeking to increase rental income. The building offers separately metered hydro, electric baseboard heating, coin-operated laundry, surface parking, a detached garage, and a large 0.59-acre RM2-zoned lot. Conveniently located close to schools, shopping, healthcare, public transit, and Highway 401, the property combines strong in-place income with significant upside potential. An excellent opportunity for investors, apartment operators, or those looking to expand their multifamily portfolio.

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Additional Information

Taxes: $14,616
Heat Type: Baseboard
Heat Source: Electric
Air Conditioning: None
Kitchens: 8
Exterior: Brick
Garage Spaces: 1
Garage Type: Detached
Pool: None
Parking Spaces: 9
Parking Type: Available