398 Brown St

Chatham-Kent | Dresden | N0P 1M0
  • 3
  • 3
  • 0

$299,000

Est. Mtg $1,013 /mo
  • Days on market

    56

  • Status

    New

Listing Broker STREETCITY REALTY INC.
Since listed: 3 views

Home details

MLS #:

X8336610

Property type:
Triplex
Style:
2-Storey
Taxes:
$1,175
Possession:
Flexible
Lot Front:
66.0   Feet
Lot Depth:
99.0   Feet
Basement:
None |
Driveway Pkg:
4
Heat:
Gas | Other

Description


398 Brown St, , Chatham-Kent, Ontario is a Triplex property in Chatham-Kent and in the Dresden community in the N0P 1M0 postal code


Situated on a generous corner lot, this triplex offers an excellent investment opportunity, featuring three 1-bedroom units two of which are vacant and one currently occupied under a month-to-month lease. This setup allows for immediate leasing of two units at current market rates. The first vacant unit has been completely renovated from top-to-bottom, offering modern finishes and move-in readiness. The second vacant unit presents a unique opportunity for value enhancement, with potential for conversion into a spacious 2-bedroom unit, to boost monthly revenue. Additionally, the property features a metal roof and a detached double car garage with ample parking, accommodating multiple tenants with ease. Its prime location near a variety of essential amenities, coupled with its proximity to the downtown area, adds appeal as a highly desirable rental choice..

Extras

property sold 'as is' as seller has never occupied the property..


History

Sign in for full access
List Date End Date List Price End Price Status MLS #
2024-04 2024-05 $299,000 $299,000 Ter X8221506
2024-05 2024-05 $299,000 $299,000 New X8336610
2024-05 $299,000 $299,000 X8283328

Comparables

Sign in for full access
sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Chatham-Kent :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 398 Brown St

Based on available 3rd party data

$1246

Approximate costs per month

Mortgage
$1013 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$97 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Park
Listing Broker STREETCITY REALTY INC.
Data Source: TRREB

Payment calculator

$1111 monthly. In association with: TD Bank
%
  • Principal and Interest
    1013 /mo
  • Property Taxes
    $97 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

Similar properties you may like