Property Specs:
Lease$498,900.00
CityChatham, ON
Address219 INSHES
Listing ID26016818
ConstructionAluminum/Vinyl, Brick
FlooringCarpeted, Ceramic/Porcelain, Hardwood
ParkingOther
Land Size50.18 X 233.94 FT / 0.269 AC
TypeDuplex
StatusFor rent
Extended Features:
Equipment Water Heater - GasOwnership FreeholdRental Equipment Water Heater - GasCooling Central air conditioningFoundation Block, ConcreteHeating Forced air, FurnaceHeating Fuel Natural gas
Details:
Unlock the potential at 219 Inshes Ave, a legal duplex situated on a large lot in a sought-after Chatham neighbourhood. Offering multiple income opportunities and future development potential, this property is an excellent fit for investors, multi-generational families, or buyers looking to live in one unit while generating rental income from the others. The home features two well-appointed, self-contained units, each with 2 bedrooms and 1 bathroom. A self-contained lower level with a separate side entrance, 2 bedrooms, 1 bathroom, and high ceilings provides additional flexibility and the potential to further maximize revenue. A standout feature is the extra large detached garage with permits already in place and all necessary services connected for the possible construction of another income-producing unit. The expansive lot offers additional development possibilities (buyer to verify), making this a property with exceptional long-term upside. Complete with a wide double driveway, abundant parking, and generous outdoor space, 219 Inshes Ave offers endless possibilities. Whether you're building your real estate portfolio, accommodating extended family, or seeking a property with multiple revenue streams and future growth potential, this is an opportunity not to be missed. (id:4555)