Property Specs:
Price$550,000.00
CityChatham, ON
Address46-48 WELLINGTON STREET East
Listing ID24027504
ConstructionBrick
FlooringMixed Flooring
ParkingOther
TypeTriplex
StatusFor sale
Extended Features:
Ownership FreeholdCooling Heat PumpFoundation BlockHeating Heat PumpHeating Fuel Electric
Details:
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:4555)