266 Grand Avenue West Chatham, ON N7L 1C1
Listing Courtesy of: WINDSOR-ESSEX COUNTY / Nest Realty Inc.

  266 Grand Avenue West Chatham, ON N7L 1C1

Active (36 Days)

Description

Turnkey investment opportunity, fully occupied Triplex with strong cash flow and NOI. Well maintained, backing onto the Thames River, zoned urban commercial, with endless income opportunities and potential uses. Currently set up as 3 separate units. Main floor unit is a well appointed 2 bed plus bonus room, renting for $1485 a month, all incl. Cozy basement unit recently renovated, renting for $1076 a month, all incl. Upper unit is very spacious with future potential as it has an additional floor that is not currently utilized. Renting for $830 plus hydro and gas. All units are occupied and rents are paid on time. Annual gross income of $40,692. Estimated annual expenses of $9832, with an approx. NOI of $30,860. Please allow a MINIMUM of 24 hours notice for ALL showings.

MLS®:
25002465
Taxes
$3,667(2024)
Lot Size
0.51 acres
Type
Multifamily
Year Built
1900
County
Chatham-Kent

Listed By

Meg Lyttle, Nest Realty Inc.
Source
WINDSOR-ESSEX COUNTY
Last checked Mar 15 2025 at 4:19 PM EDT
Bathroom Details
Interior Features
  • Appliances :
Subdivision
  • N11
Property Features
  • Foundation: Concrete
  • Foundation: Block
Heating and Cooling
  • Central Air Conditioning
  • Other
  • See Remarks
  • Furnace
Flooring
  • Laminate
  • Cushion or Lino or Vinyl
  • Hardwood or Engineered Hrwd
Exterior Features
  • Aluminum/Vinyl
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Connected
  • Sewer: Sanitary Connected
  • Fuel: Natural Gas
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Disclaimer: Copyright 2025 Windsor-Essex County Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/15/25 09:19

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