8-12 YORK STREET Chatham-Kent

8-12 YORK STREET, Chatham-Kent

$3,999,900

  • 18 Bathrooms
  • 25,395 Square Feet

Newly built and inspected in 2022, this exceptional multi-residential investment property offers 12 residential units, plus a management-use studio apartment and a separate coin laundry facility that generates additional income. The property features 18 regular parking spaces plus 2 handicapped spaces, and is almost fully occupied with long-term tenants, providing a strong cap rate. The unit mix includes three one-bedroom, one-bath units, four two-bedroom, one-bath units, one two-bedroom, one-bath unit with a den, and four three-bedroom, two-bath units. Recently upgraded throughout, the building showcases high-quality construction and modern updates including new windows, HVAC systems, roofing, plumbing, security system, Wi-Fi, pot lights, updated electrical with individual hydro meters, 400-amp service, fire-coated soundproofing, and more. The property is pet-friendly, non-smoking, and fire-code compliant. Zoned Urban Commercial, this meticulously maintained building is ideally located in a mixed-use area surrounded by multi-residential developments, mature residential neighborhoods, and commercial properties. Situated just west of Erie Street North, Ridgetown's main north-west arterial road, this is a rare opportunity to own a turn-key, income-generating asset in a growing community. (id:58875)

  • Listing ID: X12046655
  • Property Type: Retail

Details

  • Transaction: For sale
  • Zoning Description: Commercial

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Bathrooms (Total): 18
  • Heating: Forced air
  • Heating Fuel: Electric
  • Size Exterior: 25395 sqft
  • Size Interior: 25395 sqft
  • Utility Water: Municipal water

Land

  • Size Depth: 195 ft
  • Size Frontage: 165 ft ,1 in
  • Size Irregular: Bldg=165.15 x 195.02 FT

This property for sale is located at 8-12 YORK STREET in Chatham-Kent. It was last modified on April 29th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Chatham-Kent properties for sale.

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