Attention investors! SET YOUR OWN RENTS!!! -This fully vacant 4 unit building, offering incredible potential with four 1-bedroom, 1-bath units ready for transformation with the possibility of a 5th rental unit. The property requires renovations, making it an ideal project to add value and customize to today’s rental standards. With no existing tenants, you can start work right away and position the building for maximum income generation. Once complete, this property has excellent cash flow potential in a strong rental market. Its layout of smaller units is perfectly suited for steady demand from singles, couples, or downsizers/retirees. Conveniently located near shopping, and all amenities, it offers both accessibility and tenant appeal. A great opportunity to build equity and create a solid income-producing asset. (id:4069)
Address
165-167 ADELAIDE STREET South
List Price
$299,900
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Chatham
Lot Size
X / 0.13 AC Sq. Ft.
Year Built
1900
MLS® Number
25021877
Listing Brokerage
RE/MAX PREFERRED REALTY LTD.
Postal Code
N7M4R6
Zoning
RL3
