50-52 Wellington Street East Chatham, Ontario N7M 3N9
$460,000
Cashflowing fourplex for sale just steps from downtown Chatham. Two units updated in 2022 with modern finishes including tiled showers, Quartz countertops, dishwashers and LED lighting. The property features 4 - one bedroom units that each have separate hydro meters. Potential for $57,000 in rental income. 4 Parking spaces. Neighboring triplex for sale, potential for CMHC financing. See documents for full income & expense report. An opportunity to set your own rents for 2 units as of Nov 1 (Lower front and upper back) or move in! (id:50886)
Property Details
| MLS® Number | 25025826 |
| Property Type | Multi-family |
Building
| Constructed Date | 1900 |
| Cooling Type | Heat Pump |
| Exterior Finish | Aluminum/vinyl |
| Flooring Type | Cushion/lino/vinyl |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Furnace, Heat Pump |
| Stories Total | 2 |
| Type | Fourplex |
Parking
| Other | 4 |
Land
| Acreage | No |
| Size Irregular | X / 0.095 Ac |
| Size Total Text | X / 0.095 Ac|under 1/4 Acre |
| Zoning Description | Rl3 |
https://www.realtor.ca/real-estate/28975684/50-52-wellington-street-east-chatham
Contact Us
Contact us for more information
Jeremy Lloyd Ivany
Sales Person
931b Oxford St East
London, Ontario N5Y 3K1
(519) 649-1888
(519) 937-9111































