Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$425,000
QuickQuoteTM: $371K - $498K

Chatham ON, N7L 1Z3

MLS® # 25028615

Property Information:

Attention investors!! Here’s a turnkey duplex offering immediate cash flow! This fully renovated income property is generating $3,250/month ($39,000/year) in rental income, with the lower 2-bedroom unit rented at $1,850/month + hydro and the upper 1-bedroom unit at $1,400/month + hydro and gas. Both units have separate utilities but water is included and on 1 metre. When you step inside you will find extensive upgrades throughout including new kitchens with quartz countertops, new bathrooms with custom porcelain tile, waterproof laminate flooring, new windows, new drywall, insulation, trim, doors, pot lights, and modern finishes top to bottom. Upper unit wall furnace, lower unit furnace and A/C, Exterior improvements include two brand-new front porches, new deck and fencing, and separate driveways—parking for 4 vehicles (lower unit) and 2 vehicles (upper unit). Whether you're an investor adding a quality asset to your portfolio or a buyer looking to offset your mortgage by living in the top unit and renting the lower, this property delivers on value, style, and income potential. Don’t miss this exceptional opportunity! 24 hour notice for all showings

Property Features:

  • Bedrooms: 0
  • Acreage Info: N/A or Unknown
  • District: North East
  • Exterior Finish: Aluminum/Vinyl
  • Flooring: Ceramic/Porcelain, Laminate
  • Foundation: Unknown
  • Geocode Source: Manual
  • Heating Cooling: Central Air Conditioning, Forced Air, Other, See Remarks
  • Hot Water Tank Type: Gas
  • Major Area: Chatham City
  • MFA Building Type: Duplex
  • MFA Building Usage: Residential Only
  • Occupancy: Tenant
  • ParkingFinish: Gravel
  • Property Is: Building & Land
  • Property SubTypes: Duplex
  • PropertyType: Multi-Family
  • Roof: Asphalt
  • Sewer Availability: Connected
  • Showings: Lockbox
  • Side Of Road: North
  • Sub District: N11
  • Tax Year:
  • Title: Freehold
  • Water Availability: Connected
  • Zoning: RL3
  • Heating Fuel: Natural Gas
  • Water: Municipal Water
  • Sewer: Sanitary

Data provided by: Chatham-Kent Association of REALTORS® 252 Wellington St. W., Chatham, Ontario N7M 1K1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

More Detail
Less Detail
QuickQuoteTM Powered by RPS
Approximate value for 0 bed, 0 bath house in this area is:
List Price
below Estimate List Price
above Estimate
List Price
QuickQuoteTM provides an estimated range of a property's current value and is based on recent historical data and neighbourhood sales. QuickQuoteTM may vary from the list price as a result of market dynamics, or if the property has changed substantially since its last sale. Click below to connect with an expert. By using QuickQuoteTM you acknowledge that you have read and agree to the Terms of Use and the Privacy Policy.

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 217 SELKIRK Street, Chatham, ON, N7L 1Z3

Demographic Information of 217 SELKIRK Street, Chatham, ON, N7L 1Z3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,034.66

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.31 %

High school certificate or equivalent

35.7 %

Apprenticeship trade certificate/diploma

7.8 %

College/non-university certificate

21.4 %

University certificate (below bachelor)

0.37 %

University Degree

8.41 %

Commuter

Travel To Work

By Car

83.62 %

By Public Transit

0.08 %

By Walking

5.25 %

By Bicycle

1.36 %

By Other Methods

9.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.93 %

Houses

68.07 %

Own Vs. Rent

More Detail
Less Detail