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367 Sandys ST Chatham-kent, ON N7L 3X8
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Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Chatham-Kent
MLS Listing ID X11958751
Sold Date 04/07/25
Style 2-Storey
Bedrooms 8
Annual Tax Amount $5,060
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Attention Investors! This purpose-built fourplex is a turnkey, high-cash-flow, low expenses property, ideal for investors seeking strong, stable income. Each of the four 3-bedroom units has separately metered utilities, with tenants paying all utility costs directly under their names. Additionally, tenants own and maintain their own major appliances, minimizing landlord responsibilities. The property generates over $65,000 annual rental income, with potential for further growth as units turn over. A low-maintenance, high-yield asset in a sought-after rental market!
Location
Province ON
County Chatham-kent
Community Chatham-Kent
Area Chatham-Kent
Rooms
Family Room Yes
Basement Partially Finished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling None
Exterior
Parking Features Unreserved
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.12
Lot Depth 150.69
Total Parking Spaces 4
Building
Foundation Concrete
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