46-48 WELLINGTON STREET East, Chatham, Ontario, N7M 3N9

$550,000

MLS® # 24027504

Investment For Sale In Chatham, Ontario

$550,000

Property Information:

Cashflowing triplex for sale just steps from downtown Chatham. Recently renovated in 2022, this property features 2 two-bedroom units and 1 one-bedroom unit, each with separate heating, electrical, and in-suite laundry. Modern finishes include quartz countertops, dishwashers, tiled showers, and LED lighting. One 2-bedroom unit is vacant, previously rented for $1,495. Landlord covers gas (on-demand tank Only) and water. Potential for $49,000 in rental income. 5 parking spaces. Neighboring 4-plex also for sale, potential for CMHC financing. See documents for full income & expense report (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Air Conditioning: Yes
  • Exterior Finish: Brick
  • Flooring Type: 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: 1910
  • Zoning: RL3
  • Parking Type: Other
  • No. of Parking Spaces: 5

Courtesy of: BLUE FOREST REALTY INC.

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

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

Additional Photos