165-167 ADELAIDE STREET South,Chatham - $299,900 - Directions

Attention investors! SET YOUR OWN RENTS!!! -This fully vacant 4 unit building, offering incredible potential with four 1-bedroom, 1-bath units ready for transformation with the possibility of a 5th rental unit. The property requires renovations, making it an ideal project to add value and customize to today’s rental standards. With no existing tenants, you can start work right away and position the building for maximum income generation. Once complete, this property has excellent cash flow potential in a strong rental market. Its layout of smaller units is perfectly suited for steady demand from singles, couples, or downsizers/retirees. Conveniently located near shopping, and all amenities, it offers both accessibility and tenant appeal. A great opportunity to build equity and create a solid income-producing asset. (id:4555)