$515,000 FOR SALE

Triplex

46-48 Wellington Street East
Chatham, ON N7M 3N9

Cashflowing triplex for sale just steps from downtown Chatham. Recently renovated in 2022, this property features 2 two-bedroom units and 1 one-bedroom unit, each with separate heating, electrical, and in-suite laundry. Modern finishes include quartz countertops, dishwashers, tiled showers, and LED lighting. One 2-bedroom unit is vacant, previously rented for $1,495. Landlord covers gas (on-demand tank Only) and water. Potential for $49,000 in rental income. 5 parking spaces. Neighboring 4-plex also for sale, potential for CMHC financing. See documents for full income & expense report (id:47423)

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Listed By BLUE FOREST REALTY INC.
Data Provided By Chatham Kent Association of REALTORS®
MLS® Listing Number 24027504
Last Updated Jan 03, 2025
Property Summary
Property Type Triplex

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Price History
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Detailed Information
Ownership Type Freehold
Property Type Multi-family
Transaction Type For sale
Zoning Description RL3
Building
Constructed Date 1910
Cooling Type Heat Pump
Exterior Finish Brick
Flooring Type Mixed Flooring
Foundation Type Block
Heating Fuel Electric
Heating Type Heat Pump
Stories Total 2
Type Triplex
Parking Spaces
Name Spaces
Other5
Land
Total Size under 1/4 acre

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