30 Duke Street South,Chatham, ON N7M4L9
Chatham, ON N7M4L9
Description
Opportunity knocks with this value-add fourplex in Chatham, offering immediate cash flow once vacant unit is rented, significant upside, and future flexibility for investors and owner-occupiers alike. The property features four self-contained units, including one vacant 1-bedroom unit that can be rented at current market rent or a primary residence. The remaining three units-two 1-bedroom units and one 2-bedroom unit-are occupied by long-term tenants, providing stable income from day one.Designed for investment efficiency, the building offers separate hydro meters, allowing tenants to pay their own hydro. Each unit presents an opportunity for modernization and cosmetic improvements, creating the potential to force appreciation over time. The property also includes on-site parking for all units and is conveniently located close to downtown amenities. Whether you're looking to expand your portfolio, undertake a value-add project, or live in one unit while generating income. (id:13843)
Details
| MLS # | 26024585 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1900 |
| Days On Site | 19 |
| Listing Provided By | RE/MAX Sarnia Realty Inc | MACKENZIE MILLER |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| Story(s) | 2 |
| Zoning | RL3 |
Interior
| Heating | Baseboard heaters, Electric |
|---|---|
| Appliances | Two stoves, Two Refrigerators |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Double width or more driveway, Gravel Driveway, Side Driveway |
|---|---|
| Foundation Details | Block |
| Fencing | Fence |
Taxes
| Tax Year | 2026 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Chatham |
| Postal Code | N7M4L9 |
| Listing VS Median (in N7M4L9) | |
Price: $299,900 low | high Med: $0 On site: 19 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Chatham |
| Postal Code | N7M4L9 |
| Listing VS Median (in N7M4L9) | |
Price: $299,900 low | high Med: $0 On site: 19 low | high Med: | |
