50-52 WELLINGTON STREET East, Chatham, Ontario, N7M 3N9

$460,000

MLS® # 25025826

Investment For Sale In Chatham, Ontario

$460,000

Property Information:

Cashflowing fourplex for sale just steps from downtown Chatham. Two units updated in 2022 with modern finishes including tiled showers, Quartz countertops, dishwashers and LED lighting. The property features 4 - one bedroom units that each have separate hydro meters. Potential for $57,000 in rental income. 4 Parking spaces. Neighboring triplex for sale, potential for CMHC financing. See documents for full income & expense report. An opportunity to set your own rents for 2 units as of Nov 1 (Lower front and upper back) or move in! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Exterior Finish:
  • Flooring Type:
  • Foundation Type: Block
  • Heating Type: Heat Pump
  • Heating Fuel: Electric
  • Cooling Type: Heat Pump

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1900
  • Irregular: Yes
  • Lot Size: X / 0.095 AC
  • Zoning: RL3
  • Parking Type: Other
  • No. of Parking Spaces: 4

Courtesy of: BLUE FOREST REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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