215 Grand AVENUE East, Chatham
$325,000
- 3 Bedrooms
- 2 Bathrooms
Turnkey investment opportunity! Solid all-brick 1.5 storey duplex offering two separately metered units (gas & electricity) with strong income potential. The main floor features a 2 bedroom, 1 bath unit with spacious living and dining area, in-suite laundry, and a long-term tenant currently paying $800/month plus utilities. The upper unit offers a fully renovated 1 bedroom, 1 bath layout with living room, galley kitchen, and in-suite laundry. Currently rented at $800/month plus $250 utilities, with market rent potential of approximately $1,100/month.Both units have seen updates over the years. Main floor includes newer furnace and owned hot water tank. Property also features a newer roof. Ideal opportunity for investors looking to expand their portfolio or buyers looking to offset ownership costs with rental income. Separately metered services provide added convenience and flexibility. Opportunity also exists for buyers to assume vacant possession for personal use while leveraging income from the upper unit — a smart way to reduce expenses and save toward your next purchase. Call today to #lovewhereyoulive. (id:58875)
- Listing ID: 26006843
- Property Type: Single Family
- Year Built: 1850
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This property for sale is located at 215 Grand AVENUE East in Chatham. It was last modified on April 2nd 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Chatham homes for sale.
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