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
PROPERTY SPECS
Price $550,000
City Chatham, Ontario
Address 46-48 WELLINGTON Street
Listing ID 24027504
Construction Brick
Roof Asphalt Shingle
Flooring Mixed Flooring
Type Multi-Family
Status For Sale
EXTENDED FEATURES
SubtypeTriplexAcreage0.090InclusionsREFRIGERATORS; STOVES; DISHWASHERS; WASHERS; DRYERS;OwnershipFreeholdFoundationBlockHeating / CoolingHeat PumpHeating FuelElectricHot Water TankGasUtility WaterMunicipal WaterSewerSanitaryDate ListedNov 13, 2024Days on Market31