135 Semenym Avenue, Chatham-Kent | Image 1

135 Semenym Avenue

Chatham-Kent, Chatham

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: RL2

  • Age: 31-50 years

  • Taxes: 4362.33

  • MLS®#: X9510215

  • Days on Site: 21 Days

  • Added: Oct 21, 2024 (1 month ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: PRIME REAL ESTATE BROKERAGE

Introducing a lucrative investment opportunity! 135 Semenyn is a purpose built four-plex property and a dream come true for savvy investors seeking to maximize their returns. This property is located in the heart of Chatham and in a great rental area. The four units are all generously sized 3-bedroom units with separate entrances at the back, with two of the units being updated extensively. There is parking for 6 cars. The he property is heated with a newer boiler that was upgraded 2019 as well as, new roof in 2018 and electrical panels to breakers 2017. There is also a coin-operated laundry onsite. Huge potential for rental income growth with the turnover of tenants. Unit 1 pays $763. Unit 2 $1,555 (updated). Unit 3 $875. Unit 4 $1,554 (updated).

Extras

All measurements are approx. 24 hours notice for all showings.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 31-50

  • Net Income: 42818

  • Area: Chatham-Kent

  • Community: Chatham

  • Availability Date: Flexible

Inside

  • Bathrooms: 4

  • Air Conditioning: N

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Radiant

  • UFFI: No

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 31 PL 555; CHATHAM-KENT

  • Taxes: $4,362

  • Expenses: Act

  • Insurance Fee: 2705

  • Operating Fees: 14968

  • Hydro Expense: 5177

  • Heat Expenses: 2724

  • Taxes Type: Annual

  • Taxes: 4362

  • Tax Year: 2023

Land

  • Cross Street: Grand Ave & Lacroix

  • Municipality District: Chatham-Kent

  • Parcel Number: 005340196

  • Sewer: Sanitary

  • Lot Depth: 90.78 Feet

  • Lot Frontage: 103 Feet

  • Zoning: RL2

Commercial Specific

  • Sprinklers: N

  • Total Area: 9429

  • Total Area Metric: Sq Ft

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: Y

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Somewhat Walkable

  • Some errands can be accomplished on foot.
55 /100

Somewhat Bikeable

  • Most errands require a car.
48 /100
Map of 135 Semenym Avenue, Chatham-Kent
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