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For Sale - 46-48 WELLINGTON Street, Chatham, Ontario

Est payment $2,799/mo
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Time on Jump  38 day

AI Summary *

  • Cashflowing triplex just steps from downtown Chatham.
  • Recently renovated units with modern finishes and in-suite laundry.
  • Two spacious two-bedroom units and one one-bedroom unit available.
  • Potential for significant rental income and vacant unit ready to rent.
  • Ample parking with 5 spaces available for residents.




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
Listing ID24027504
Address46-48 WELLINGTON Street
CityChatham, Ontario
Price$550,000
ConstructionBrick
FlooringMixed Flooring
TypeMulti-Family
StatusFor Sale

Subtype TriplexAcreage 0.090Inclusions REFRIGERATORS; STOVES; DISHWASHERS; WASHERS; DRYERS;Ownership FreeholdFoundation BlockHeating / Cooling Heat PumpHeating Fuel ElectricHot Water Tank GasUtility Water Municipal WaterSewer Sanitary

Date Listed Nov 13, 2024Days on Market 39
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JUMP FEATURED AGENT

Rajesh Sharma

Rajesh Sharma

Realtor®

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Listing Agency:  BLUE FOREST REALTY INC.
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46-48 Wellington Street
Chatham , Ontario
$550,000
Get more info