165-167 Adelaide Street South Chatham, Ontario N7M 4R6

Ductless

$299,900

Attention investors! SET YOUR OWN RENTS!!! -This fully vacant 4 unit building, offering incredible potential with four 1-bedroom, 1-bath units ready for transformation with the possibility of a 5th rental unit. The property requires renovations, making it an ideal project to add value and customize to today’s rental standards. With no existing tenants, you can start work right away and position the building for maximum income generation. Once complete, this property has excellent cash flow potential in a strong rental market. Its layout of smaller units is perfectly suited for steady demand from singles, couples, or downsizers/retirees. Conveniently located near shopping, and all amenities, it offers both accessibility and tenant appeal. A great opportunity to build equity and create a solid income-producing asset. (id:50886)

Property Details

MLS® Number 25021877
Property Type Multi-family

Building

Constructed Date 1900
Exterior Finish Aluminum/vinyl
Flooring Type Carpeted, Ceramic/porcelain, Laminate, Other
Foundation Type Unknown
Heating Fuel Electric, Natural Gas
Heating Type Ductless
Stories Total 1
Type Fourplex

Parking

Other 3

Land

Acreage No
Size Irregular X / 0.13 Ac
Size Total Text X / 0.13 Ac|under 1/4 Acre
Zoning Description Rl3

https://www.realtor.ca/real-estate/28821997/165-167-adelaide-street-south-chatham

Contact Us

Contact us for more information

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Annita Zimmerman
Sales Person

(519) 358-6117
(519) 352-2489

RE/MAX Preferred Realty Ltd.
250 St. Clair St.
Chatham, Ontario N7L 3J9

(519) 352-2840
(519) 352-2489
www.remax-preferred-on.com/

Candice Oliveira
Sales Person

(519) 365-6329

RE/MAX Preferred Realty Ltd.
250 St. Clair St.
Chatham, Ontario N7L 3J9

(519) 352-2840
(519) 352-2489
www.remax-preferred-on.com/

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