77 MAIN Street E

Multi-family For Sale in Ridgetown, Ontario

  • 5 Beds
  • 2 Baths
  • 1,450 Sq. Ft.
Don't miss out on this fabulous opportunity. Welcoming all the fist time buyers and investors. The small town is located in south-east Chatham-Kent. This home is situated middle of all amenities. The University of Guelph Ridgetown Campus is a minute away from this house. The house setup as a duplex, and both units have separate entrance. The main floor has a living room,3 bedrooms, a kitchen, and a 4-piece bath. Second floor has a living room, 2 bedrooms, a kitchen and a 3-piece bath. Laundry in the main floor. Currently both units have rented for month-to-month. Upper unit is rented for $825.00 plus utilities, but the current market rent is above $1300.00 Main unit is rented for $1063.00 plus utilities, The tenant is moving out on End of October. You can renovate and rent back to current market rent for above $1600.00 or if you're a first-time buyer you can live in a one unit and continuously rent the second unit which will reduce your mortgage stress. If not, you can easily convert back to a single-family home. This home has lower-level laundry. Separate hydrometers for both unit, Main unit heated by the furnace, and second unit heated by baseboard heater. Basement is not finished, so you can use it as a storage. Water heater is owned and Appliances belong to Tenants. (id:4069)
Address 77 MAIN Street E
List Price $379,000
Property Type Multi-family
Type of Dwelling Duplex
Area Ontario
Sub-Area Ridgetown
Bedrooms 5
Bathrooms 2
Floor Area 1,450 Sq. Ft.
MLS® Number 40327884
Postal Code N0P2C0
Zoning RL1

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Deb Rhodes

Royal LePage Pefier Realty Inc. Brokerage

34 Raleigh St. Chatham Ontario N7M 5K6

Mobile: (519) 401-5470

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