Property Specs:
Price$460,000.00
CityChatham, ON
Address50-52 WELLINGTON STREET East
Listing ID25025826
ConstructionAluminum/Vinyl
FlooringCushion/Lino/Vinyl
ParkingOther
Land SizeX / 0.095 AC
TypeFourplex
StatusFor sale
Extended Features:
Ownership FreeholdCooling Heat PumpFoundation BlockHeating Furnace, Heat PumpHeating Fuel Electric
Details:
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:4555)