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Kent Bridge, Chatham-Kent, ON N7M 5X6
$400,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Well-maintained detached home with two rentable units, ideal for homeowners or investors. The upper unit features 3 bedrooms and 1 bathroom and is tenanted at $2,050/month. The vacant lower-level unit offers 1 bedroom and 1 bathroom with an estimated market rent of $1,285/month, providing strong income potential and a projected gross income of $40,020/year. The property sits on a large backyard in a quiet, family-friendly neighborhood close to schools, parks, and amenities. Freshly painted and upgraded for peace of mind, with recent improvements including a 200-amp electrical panel (2 yrs), new sump pump, new electric water heater, 3-year-old heat pump, and updated basement kitchen and bathroom (2 yrs). An excellent turnkey investment or live-in-one, rent-the-other opportunity with strong income potential in a desirable location.