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$799,000
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Chatham ON, N7M 1K1

MLS® # 25025648

Property Information:

Investors & homeowners, welcome to this rare & distinctive collection of two beautiful homes in Chatham. This property includes 2 homes, 4 units, all for one price. The stately red brick building has a boutique, brownstone feel with 3 self-contained units, all separately metred for ease. The main floor has 2 side-by-side beautifully updated units with new kitchens, flooring, bathrooms & paint throughout. Unfinished basements in each provide extra storage & laundry hookups for these 2 units. One side has a wonderfully airy & bright 1-bed unit with full bath & kitchen. The 2nd unit has 2 levels — on the main you’ll find the open kitchen, full bath, large living room, & upstairs another full bath & 3 good-sized bedrooms. The 3rd unit (upstairs) has 2 bedrooms or 1 bedroom & office w/ large walk-in closet, w/ full kitchen & full bath. Each unit has its own dedicated entrance.The beautiful Tudor-style house, rumoured to have once been the Mayor's cottage, is nicely situated at the back of the property w/ its own back yard area & parking — a gem in its own right. The main floor has a full kitchen, dining area, family room, & upstairs has 2 full bedrooms & a bath. The basement is unfinished for plenty of storage. The rear lot provides ample parking for both buildings and a driveway off of West St. These homes can be fully rented out for investors seeking a stylish, unique & timeless addition to their portfolio, or a homeowner who wants to live in one & rent the rest — providing great income to travel or enjoy wonderfully updated properties that are a solid investment & lifestyle choice for years to come. These homes have been meticulously cared for, and it shows. With a great location close to downtown & access to North & South Chatham, what else could you ask for? Oh, and don’t forget... Home is Where the Hart is! (2 units currently vacant for flexibility; upstairs in the 3-unit building rented for $605+utilities; Tudor rented for $925+utilities, all units sep. metred)

Property Features:

  • Bedrooms: 0
  • District: South West
  • Exterior Finish: Brick, Hardboard
  • Flooring: Carpeted, Cushion/Lino/Vinyl, Hardwood/Engineered Hrwd
  • Foundation: Concrete
  • Geocode Source: Google
  • Heating Cooling: Forced Air, Furnace
  • Hot Water Tank: Owned
  • Hot Water Tank Type: Gas
  • Major Area: Chatham City
  • MFA Building Type: Fourplex
  • MFA Building Usage: Residential Only
  • Occupancy: Tenant, Vacant
  • ParkingFinish: Gravel
  • Property Is: Building & Land
  • Property SubTypes: Fourplex
  • PropertyType: Multi-Family
  • Roof: Asphalt Shingle
  • Sewer Availability: Connected, Connected
  • Showings: Lockbox
  • Side Of Road: East
  • Sub District: S1
  • Tax Year:
  • Title: Freehold
  • Water Availability: Connected
  • Zoning: RL2
  • Heating Fuel: Natural Gas
  • Water: Municipal Water
  • Sewer: Sanitary, 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

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Location of 310, 312, 318 Wellington Street WEST, Chatham, ON, N7M 1K1

Demographic Information of 310, 312, 318 Wellington Street WEST, Chatham, ON, N7M 1K1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,390.04

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.96 %

High school certificate or equivalent

35.13 %

Apprenticeship trade certificate/diploma

5.83 %

College/non-university certificate

29.97 %

University certificate (below bachelor)

0.59 %

University Degree

10.53 %

Commuter

Travel To Work

By Car

84.99 %

By Public Transit

1.73 %

By Walking

10.16 %

By Bicycle

0.0 %

By Other Methods

3.12 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

35.37 %

Houses

64.63 %

Own Vs. Rent