204 Selkirk Street Chatham, Ontario N7L 1Z4
$549,900
Discover a rare gem in a sought-after family-friendly neighborhood with this well-maintained triplex, perfect for investors or owner-occupiers. This versatile property features a spacious 3-bedroom, 2-storey unit (~1,600 sq ft) rented month-to-month for $1,839/month, a 2-bedroom main-floor unit leased until April 2026 at $1,495/month, and a 1-bedroom upper unit with a long-term tenant at $684/month, generating a robust gross annual income of $48,216. With low operating costs—owner pays only water, while units are separately metered for hydro and gas—this triplex offers strong, stable returns or the opportunity to live in a handsome residence while rental income offsets your mortgage. Don’t miss this chance to own a turnkey investment in a prime location! 2 water heaters owned, 1 is rented. (id:50886)
Property Details
MLS® Number | 25016365 |
Property Type | Multi-family |
Equipment Type | Water Heater - Gas |
Rental Equipment Type | Water Heater - Gas |
Building
Exterior Finish | Brick |
Flooring Type | Hardwood |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air, Furnace |
Stories Total | 2 |
Type | Triplex |
Parking
Other | 2 |
Land
Acreage | No |
Size Irregular | 77x132 / 0.271 Ac |
Size Total Text | 77x132 / 0.271 Ac|under 1/2 Acre |
Zoning Description | Rl3 |
https://www.realtor.ca/real-estate/28537014/204-selkirk-street-chatham
Contact Us
Contact us for more information
Allan Congo
Salesperson
14015 Cleeves Line
Highgate, Ontario N0P 1T0
(519) 671-6337
(519) 673-6789