For Sale
106 LORNE AVENUE
Chatham-Kent (Chatham), Ontario N7M1S1
$749,999
11 Beds · 6 Baths · 6 Parking · Multi-family
Updated 2026-09-21 14:38:44+00
Status
For Sale
Bedrooms
11
Bathrooms
6
Interior Size
3500 - 5000 sqft
Parking
6
MLS®
X13785134
Property Overview
125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market. (id:67197)
Key Facts
- Price
- $749,999
- Property Type
- Multi-family
- Transaction Type
- For sale
- Bedrooms
- 11
- Bathrooms
- 6
- Parking
- 6
- MLS® Number
- X13785134
- Interior Size
- 3500 - 5000 sqft
Location
106 LORNE AVENUE, Chatham-Kent (Chatham), Ontario N7M1S1
Open MapBuilding Details
- Building Type
- Other
- Bedrooms Above Grade
- 11
- Bathrooms
- 6
- Basement
- Full (Finished)
- Basement Development
- Finished
- Cooling
- None
- Exterior Finish
- Concrete
- Fireplace
- Yes
- Foundation
- Block
- Heating Fuel
- Electric
- Heating
- Baseboard heaters, Radiant heat
- Interior Size
- 3500 - 5000 sqft
- Stories
- 2
- Water
- Municipal water
Land Details
- Size Frontage
- 89 ft
- Size Depth
- 103 ft ,9 in
- Acreage
- No
Property Features
- Dryer(s)
- Washer(s)
Agent / Brokerage Contact
Listing Representation
MYSAK REALTY INC.
View REALTOR.ca sourceListing Agent
SAMUEL IUS
Salesperson
Listing Office
MYSAK REALTY INC.
Book a Showing
Send a note from this page and we will reply about this property.