$498,900 FOR SALE

Detached

Bedrooms: 5Bathrooms: 3

152-154, 158, 162 Colborne Street
Chatham, ON N7M 3L9

INVESTOR'S DREAM - SET YOUR OWN RENTS! This fully renovated, **completely vacant** legal triplex includes two 2-bedroom units and one 1-bedroom unit, each with separate furnaces, water heaters, and electrical meters for tenant independence. City-approved and to code, it boasts all-new electrical, plumbing, drywall, flooring, windows, doors, siding, and roof. The identical 2 bedroom units could rent at approx. $1900/mth each, 1 bedroom unit $1400/mth. With two double driveways and two extra parcels of land (see picture), there’s ample parking and room for future potential. Backing onto McGregor’s Creek, this property combines rental income potential with scenic appeal—an exceptional, high-quality investment opportunity in a prime location! Seller will consider adding adding all appliances to each to unit for the right prcie to make this a true turnkey investment. Seller will also hold vendor takeback loan for up to 200K. Add attached schedule B to all offers. (id:47423)

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Listed By RE/MAX PREFERRED REALTY LTD.
Data Provided By Chatham Kent Association of REALTORS®
MLS® Listing Number 24027054
Last Updated Nov 14, 2024
Property Summary
Property Type Detached

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Price History
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Detailed Information
Bedrooms 5
Bathrooms 3
Features Double width or more driveway, Gravel Driveway, Side Driveway
Ownership Type Freehold
Property Type Single Family
Transaction Type For sale
Waterfront Type Waterfront on river
Zoning Description RL3
Building
Exterior Finish Aluminum/Vinyl
Flooring Type Laminate
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air, Furnace
Stories Total 2
Type House
Rooms
Room Level Dimensions Notes
4pc BathroomSecond level4 ft 11 in x 9 ft 3 in
4pc BathroomSecond level9 ft 2 in x 4 ft 1 in
BedroomSecond level10 ft 7 in x 10 ft 5 in
BedroomSecond level13 ft 10 in x 12 ft 2 in
BedroomSecond level12 ft 2 in x 12 ft 2 in
BedroomMain level9 ft 8 in x 6 ft 9 in
Living roomMain level15 ft 11 in x 25 ft
Kitchen/Dining roomMain level15 ft 4 in x 11 ft 4 in
Living roomMain level15 ft 11 in x 20 ft 8 in
Kitchen/Dining roomMain level7 ft 2 in x 4 ft 5 in
BedroomMain levelMeasurements not available
KitchenMain levelMeasurements not available
Living roomMain levelMeasurements not available
4pc BathroomMain levelMeasurements not available
Land
Total Size 126.47XIRR | under 1/2 acre
Size of Irregular Land 126.47XIRR

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