Property Description

Well-maintained 4-unit corner investment property located in the prime Chatham area, offering strong rental income and excellent investment potential. The building is fully tenant-occupied with security deposits and month to month leases, including several long-term tenants. Tenants pay all utilities, including heat, electricity, and cooking gas. Each apartment features a spacious layout, high ceilings, hardwood floors and front and back access. Each apartment opens with a spacious entry foyer leading to a sunny living room facing the front of the building and hosting a decorative fireplace, two generous bedrooms with closet space, fully equipped kitchen and separate formal dining rooms. Enclosed porch area that can be used for storage and office space. Units are equipped with individual forced-air heating systems with assigned furnaces. Recent improvements include newer windows, a newer back porch and newer roof. The property is surrounded by a wrought iron fence and also includes a finished basement with additional space for the owners family. A 2-car parking pad/tandem is conveniently located on the back the building. Property is being sold as-is.

Property Features

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