79 King STREET West Active

Chatham,ON N7M1C7

$ 425000

1 Bed

1 Bath

0 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25000018

Bedrooms 1

Originating Board Chatham Kent Association of REALTORS®

Year Built 1900

Property Sub-Type Freehold

Property Description

Welcome to 79 King Street West – the Historic ""Nichol Block"" Nestled in the heart of downtown Chatham, this is a rare chance to own a prime investment property in a dynamic and evolving area with exciting development opportunities on the horizon. Owned by the same family for over 60 years, this property boasts quality long-term tenants and generates approximately $1,615 in monthly rental income. The building features a versatile layout: the ground floor houses a commercial restaurant space, while the upper unit serves as a residential space. Utilities are currently covered by the owner for the residential tenant and paid by the tenant in the lower commercial unit. A full basement, accessible through the restaurant, offers ample storage space. Don't miss this unique opportunity to invest in a vibrant and growing downtown core! See Floor plan for all measurements (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 5 ft ,1 in X 9 ft ,2 in Storage

Extra Room 2 Second level 5 ft ,11 in X 15 ft ,11 in Other

Extra Room 3 Second level 6 ft ,7 in X 10 ft ,1 in Utility room

Extra Room 4 Second level 16 ft ,11 in X 9 ft ,8 in Primary Bedroom

Extra Room 5 Second level 19 ft ,7 in X 22 ft ,2 in Living room

Extra Room 6 Second level 13 ft ,4 in X 6 ft ,5 in Kitchen

Interior

Heating Forced air,

Flooring Carpeted,Ceramic/Porcelain,Laminate,Cushion/Lino/Vinyl

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 2

Others

Ownership Freehold

Virtual Tour https://youriguide.com/79_king_st_w_chatham_on/doc/floorplan_imperial_en.pdf

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