Cash flowing 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. Landlord covers gas (on-demand tank Only) and water. Total yearly rent is $50,040 (NOI $40,311). 5 parking spaces. Neighboring 4-plex also for sale, potential for CMHC financing. See documents for full income & expense report. (id:4555)
PROPERTY SPECS
Listing ID 25025822
Address 46-48 WELLINGTON STREET East
City Chatham, ON
Price $480,000
Construction Brick
Flooring Mixed Flooring
Land Size X / 0.09 AC
Type Triplex
Status For sale
EXTENDED FEATURES
Year Built1910OwnershipFreeholdCoolingHeat PumpFoundationBlockHeatingHeat PumpHeating FuelElectricDate Listed2025-10-10 14:00:44Days on Market9