Zoocasa Realty Inc., Brokerage

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162 Park Street, Chatham, ON

Name: 162 Park Street, For Sale in Chatham - Zoocasa
Brand: ROYAL LEPAGE PEIFER REALTY, Brokerage
SKU: 26026413
Price: 589900 CAD

House

For Sale

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000

MLS® 26026413

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage

Taxes $3,879

Days Active 1

Lot Size

Approx. Age 1945

MLS® Number 26026413

Property Address: 162 Park Street, Chatham, ON, N7M3R8

Average square foot calculated using Size range provided by listing agent.

Description

Presenting an exceptional turnkey investment opportunity featuring a cash-flowing fourplex with a rare all-main-floor layout and grade-entrance accessibility. The property consists of four two-bedroom, one-bathroom units with separately metered hydro. Three units are occupied by reliable tenants who have a proven track record of on-time payments. These tenants moved in 2023, so rental rates are locked at near current market levels. The fourth unit has been freshly updated and is vacant, offering an immediate opportunity to place a high-quality tenant of your choice at market rent. On-site coin operated laundry provides an additonal income stream and the rental contract is transferable. The boiler was replaced in 2017, taking care of a major capital expenditure. Repairs were completed on the low-sloping roof in 2026 and there is room for 5-6 parking spots. With a cap rate of approximately 7%, this asset delivers predictable, high-yield performance. Call today for more information and schedule your private walkthrough. (id:58753)Show Description

MLS® Number26026413

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1945

Basement

DrivewayOther

Garage Spaces

HeatBoiler, Natural gas, Ductless

A/C

Extras

Rooms

Show Details

Other:Main Floor23.6 × 12 ft

Kitchen:Main Floor7.3 × 7.5 ft

Living Room:Main Floor15 × 16.2 ft

Other:Main Floor7 × 5 ft

Dining Room:Main Floor8.5 × 8 ft

Bedroom 1:Main Floor10.7 × 10 ft

Map

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Zoocasa Realty Inc., Brokerage

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
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eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
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2026 AODA Compliance Report
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