view of front of house featuring a porch and a front lawn Features: window mounted ac, porch, lawn More Photos

For Sale - 50-52 WELLINGTON Street, Chatham, Ontario

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

AI Summary *

  • Cashflowing fourplex just steps from downtown Chatham.
  • Two updated units with modern finishes and appliances.
  • Each unit is one bedroom with separate hydro meters.
  • Potential rental income of $57,000 per year.
  • Includes four parking spaces for convenience.




Cashflowing fourplex for sale just steps from downtown chatham. Two units updated in 2022 with modern finishes including tiled showers, quartz countertops, dishwashers and led lighting. The property features 4 - one bedroom units that each have separate hydro meters. Potential for $57,000 in rental income. 4 parking spaces. Neighboring triplex for sale, potential for cmhc financing. See documents for full income & expense report
Listing ID24027614
Address50-52 WELLINGTON Street
CityChatham, Ontario
Price$550,000
ConstructionAluminum/Vinyl
FlooringCushion or Lino or Vinyl
TypeMulti-Family
StatusFor Sale

Subtype FourplexAcreage 0.095Inclusions REFRIGERATORS; STOVES; DISHWASHERS; WASHERS; DRYERS;Ownership FreeholdFoundation BlockHeating / Cooling Furnace, 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

Varun Pathakamudi

Varun Pathakamudi

Realtor®

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Listing Agency:  BLUE FOREST REALTY INC.
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50-52 Wellington Street
Chatham , Ontario
$550,000
Get more info