165-167 Adelaide Street South Chatham, Ontario N7M 4R6
$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
Annita Zimmerman
Sales Person
(519) 352-2489
250 St. Clair St.
Chatham, Ontario N7L 3J9
(519) 352-2840
(519) 352-2489
www.remax-preferred-on.com/
Candice Oliveira
Sales Person
250 St. Clair St.
Chatham, Ontario N7L 3J9
(519) 352-2840
(519) 352-2489
www.remax-preferred-on.com/