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
PROPERTY SPECS
Price $475,000
City Chatham, Ontario
Address 50-52 WELLINGTON Street
Listing ID 25010230
Construction Aluminum/Vinyl
Roof Asphalt Shingle
Flooring Cushion or Lino or Vinyl
Type Multi-Family
Status For Sale
EXTENDED FEATURES
SubtypeFourplexAcreage0.095OwnershipFreeholdFoundationBlockHeating / CoolingFurnace, Heat PumpHeating FuelElectricHot Water TankGasUtility WaterMunicipal WaterSewerSanitaryDate ListedApr 25, 2025Days on Market27
