46-48 Wellington Street East Chatham, Ontario N7M 3N9
$515,000
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:40793)
Property Details
| MLS® Number | 24027504 |
| Property Type | Multi-family |
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
| Other | 5 |
Land
| Acreage | No |
| Size Total Text | Under 1/4 Acre |
| Zoning Description | Rl3 |
https://www.realtor.ca/real-estate/27645144/46-48-wellington-street-east-chatham
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January 03 2025 05:02:33
Chatham Kent Association of REALTORS®
Blue Forest Realty Inc.