Baseboard Heaters, Furnace
$399,999
Welcome to this 3-unit property in a quiet area of Chatham, offering exceptional flexibility for investors or multi-generational living. With a projected rental income of $5,000/month, this is a high-performing opportunity you won’t want to miss. The main floor and basement units are currently vacant, giving you the freedom to set your own rents or design the ideal multi-generational living arrangement. Each unit features its own private entrance, bright layout, and well-maintained finishes—appealing to both tenants and owner-occupants alike. The top-floor loft unit is already leased at $1,500/month (utilities included) and showcases vaulted ceilings, a walk-in closet, spa-like ensuite, and a modern open-concept design. The vacant main floor and basement units present excellent cash flow potential, whether you rent them immediately or tailor them for extended family use. Outside, tenants can enjoy a low-maintenance shared yard and ample on-site parking. Located in a desirable neighbourhood close to parks, schools, and everyday amenities, this property combines income potential with lifestyle convenience. (id:63693)
Property Details
|
MLS® Number |
25023656 |
|
Property Type |
Multi-family |
Building
|
Constructed Date |
1900 |
|
Exterior Finish |
Aluminum/vinyl |
|
Flooring Type |
Mixed Flooring |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Baseboard Heaters, Furnace |
|
Stories Total |
3 |
|
Type |
Duplex |
Parking
Land
|
Acreage |
No |
|
Size Irregular |
38 X 83 Ft / 0.074 Ac |
|
Size Total Text |
38 X 83 Ft / 0.074 Ac |
|
Zoning Description |
Rl2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Second Level |
Kitchen | | |
Measurements not available |
|
Second Level |
Bedroom | | |
Measurements not available |
|
Second Level |
4pc Bathroom | | |
Measurements not available |
|
Second Level |
Bedroom | | |
Measurements not available |
|
Lower Level |
Living Room | | |
Measurements not available |
|
Lower Level |
Bedroom | | |
Measurements not available |
|
Lower Level |
4pc Bathroom | | |
Measurements not available |
|
Lower Level |
Kitchen | | |
Measurements not available |
|
Main Level |
Living Room | | |
Measurements not available |
|
Main Level |
Dining Room | | |
Measurements not available |
|
Main Level |
Bedroom | | |
Measurements not available |
|
Main Level |
3pc Bathroom | | |
Measurements not available |
|
Main Level |
Kitchen | | |
Measurements not available |
https://www.realtor.ca/real-estate/28875391/31-adelaide-street-north-chatham
