77 Erie Street S Chatham-Kent, Ontario N0P 2C0

17 Bathroom 1 Acres
Fully Air Conditioned Forced Air Acreage

$1,675,000

Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washer/dryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property. (id:63381)

Property Details

MLS® Number X14119516
Property Type Multi-family
Community Name Ridgetown

Building

Bathroom Total 17
Appliances Dryer, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1 Acres
Type Multi-family
Utility Water Municipal Water

Land

Acreage Yes
Size Depth 355 Ft
Size Frontage 119 Ft ,5 In
Size Irregular 1.188
Size Total 1.188 Ac
Size Total Text 1.188 Ac
Zoning Description Rm2-481

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