Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

191 Keil Drive S, Chatham-Kent, ON N7M 6J5 (Richmond St)
$ 3899000 - MLS : X12177198

From Our Gallery

Description

An exceptional investment opportunity to acquire a strategic piece of property in a high-traffic area with stable high return. Almost 1 acre land features with gas bar, car wash, oil change since 2008, located in a very busy intersection. The property leased out with great tenant for 20 years long term agreement. Carefree ownership, rent income from day one. The capital rate is over 6.5%. CoC return is over 12% based on the 35% mortgage down payment.

Location Description

Richmond St

Property Detail

Community: Chatham
Property Type: Owner+Tenant/Commercial
Garages: None
Annual Property Taxes : $ 34253.26

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: HOMELIFE LANDMARK REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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