199-215 John St E, Chatham-Kent MLS Number: X7227704

Unique opportunity to acquire a 20-unit apartment complex located in Blenheim, Ontario. The property consists of two separate buildings, one with 15 units and the other with 5 units, totaling 20 units in all. Among these, there are 7 one-bedroom units and 13 two-bedroom units, with 9 of them having undergone recent renovations. Situated on a 0.6-acre lot, the property offers ample parking space with more than 30 spots available. Additionally, 2 coin-operated laundry facility are in place to generate additional income. The buildings feature newer roofs and windows, contributing to their overall appeal and efficiency. There are currently 5 vacancies and once fully rented the potential estimated gross income is expected to be approximately $268,000.