27 & 31 Wade Street, Chatham, Ontario N7M3T6

Listing courtesy of MATCH REALTY INC..

$459,000

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List Price
$459,000
MLS®
26022040
Days on Market
0
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
X

Property Description

Investment & Development Opportunity in the City of Chatham! This offering includes 27 & 31 Wade Street, comprising two separate ARNs (365042000510400 and 365042000510500) situated on a single PIN, with potential to sever, subject to completion of a Phase 2 Environmental assessment and all required approvals. The property includes a triplex with 2 of 3 units currently rented, providing immediate income potential. The main building features a total of 4 bedrooms, 3 full bathrooms and 3 kitchens. A large secondary structure is also included, offering significant additional space with potential for a variety of uses, storage, redevelopment or other opportunities, subject to municipal approvals and applicable regulations. Whether you're looking to add to your investment portfolio or explore the property's future development potential, this package offers a unique opportunity in the City of Chatham. 24 hours' notice is required for all showings of tenanted units. Property is being sold “as is, where is.” Buyer to conduct their own due diligence and verify all information relating to zoning, permitted uses, building requirements, environmental matters, severance potential, and any current or future use of both buildings. (id:5764)

Additional Information

Ownership
Freehold
Country
Canada
Flooring
Hardwood, Other
Heating
Forced air, Natural gas, Furnace
Total Number Of Units
3
Stories
2

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks