Incredible investment opportunity in West Chatham! Well maintained building with opportunity to increase rents significantly with unit improvements. Building has 2 commercial units rented to a religous organization and tshirt retailer paying 1,050 and 1,300 respectively. 8 residential 1bed/ 1bath units above that are all on month-to-month leases paying rents of 675/ month on average. Recent tuckpointing project completed. Separetly metered gas and electric with 400 amp service to building. Water heater just 4 years old. Income producing basement serving as storage. Parking pad in rear of building not being monetized.
Based on information submitted to the MLS GRID as of 11/16/2024 04:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
