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$ 425,000
Est. payment /mo
Price Dropped by $35K
50 LORNE AVENUE Chatham-kent (chatham), ON N7M1R9
2,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $193
Subdivision Chatham
MLS® Listing ID X12128304
Source Central Lakes Association of REALTORS®
Property Description
Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered commercial fourplex in the heart of Chatham, perfectly situated on a prominent corner lot at Lorne Ave and Raleigh St. This fully detached building features four self-contained residential units, offering immediate income with room to grow. This is an excellent opportunity for investors looking to add value through future updates and exploration of the property's long-term potential. Zoned appropriately for multi-residential use, this property invites the next owner to bring their vision and capitalize on a solid, income-generating asset. Located close to schools, parks, transit, and just minutes from downtown Chatham. Don't miss your chance to secure a multi-unit property with strong upside in a growing community. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 1
Private Pool No
Listed by ROYAL LEPAGE FRANK REAL ESTATE