PROPERTY INFO
Welcome to a prime duplex investment opportunity at 185/187 Thames St., perfectly situated in the vibrant heart of Chatham, Ontario. This exceptionally well-maintained property features a highly desirable side-by-side configuration, making it an ideal acquisition for savvy real estate investors or buyers looking for a primary residence that generates substantial rental income. The property consists of two distinct units. The first is a well-maintained, tenant-occupied space currently generating reliable income at $1,100 per month, featuring stylish modern updates including fresh paint, durable new flooring, and an updated kitchen. The second unit is currently owner-occupied, and the seller will provide full vacant possession upon closing. This vacancy presents a phenomenal opportunity to either move in and "house hack" or optimize your portfolio by setting current market rent, which is conservatively estimated at $1,700 or more per month. Both units benefit from separate newer HVAC systems that ensure premium climate control and energy efficiency, a brand-new roof for total peace of mind, and separate dedicated laundry facilities located in the basement. Residents on both sides will love the access to a beautiful, private backyard oasis that offers a serene outdoor escape from the daily hustle. Parking is effortless with a long cement driveway that easily accommodates four vehicles, supplemented by ample street parking. Do not miss out on this turnkey gem!
PROPERTY SPECS
Price $305,000
City Chatham, Ontario
Address 185 Thames Street
Listing ID 26016396
Construction Aluminum/Vinyl
Roof Asphalt Shingle
Flooring Cushion or Lino or Vinyl, Laminate, Mixed Flooring
Land Size 51.48 X 102.96 ft
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Subtype
Duplex Acreage
0.000 Inclusions
2 washers, 2 dryers, 2 Refrigerators, 2 Stoves light fixtures Ownership
Freehold Appliances
Dryer, Refrigerator, Stove, Washer Foundation
Block Heating / Cooling
Forced Air Heating Fuel
Natural Gas Hot Water Tank
Gas Utility Water
Municipal Water Sewer
Sanitary Date Listed
Jul 8, 2026 Days on Market
19 Parking
Concrete