view of front property featuring covered porch Features: porch, fence More Photos

For Sale - 188 ADELAIDE Street, Chatham, Ontario

Est payment $1,013/mo
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Time on Jump  5 day

AI Summary *

  • Vacant duplex offering two 1-bedroom, 1-bathroom rental units.
  • Separate hydro and natural gas meters for each unit enhance profitability.
  • Potential to convert units into two-bedroom spaces for increased value.
  • Unfinished basement with backyard walkout for additional options.
  • Great for both experienced investors and those new to real estate.




Looking for your next investment opportunity? This vacant duplex is full of potential. With two 1-bedroom, 1-bathroom units, it’s the perfect chance to start fresh. You can choose your own tenants and set rents that work for you. Whether you’re looking for an income property or a live-and-rent option, this duplex is ready to be transformed into something great. Each unit has separate hydro and natural gas meters, already in place, saving you money and increasing profitability. The layout provides practical living spaces with good potential for updates (including room for 2-bedrooms in each unit) that increase value and attract quality tenants. The property also features an unfinished basement with a backyard walkout. The home does need renovation, but for the right buyer, it’s an opportunity to create a property that stands out. Whether you’re experienced in real estate or just starting your investment journey, this duplex offers flexibility and room for growth.
Listing ID24029424
Address188 ADELAIDE Street
CityChatham, Ontario
Price$199,000
ConstructionAluminum/Vinyl
FlooringCeramic or Porcelain, Hardwood or Engine…
TypeMulti-Family
StatusFor Sale

Subtype DuplexAcreage 0.075Inclusions Property being sold as-isOwnership FreeholdFoundation BlockHeating / Cooling Forced Air, NoneHeating Fuel Natural GasHot Water Tank Gas, N/AUtility Water Municipal WaterSewer Storm

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Jennifer Lakhoian

Jennifer Lakhoian

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Listing Agency:  NEST REALTY INC.
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188 Adelaide Street
Chatham , Ontario
$199,000
Get more info