Map
Listed price in listed location currency (CAD).
$890,000

644

MLS® X13749944

Overview

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage Attached
Taxes $3,100
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13749944

Property Address: 26 Florence St, Chatham, ON, N7L3G1

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

Description

Excellent investment opportunity! This legal two-storey fourplex features four bright, spacious, and updated self-contained residential units-including one 3-bedroom, two 1-bedrooms, and one bachelor suite. All four units were fully renovated in 2021 with brand-new appliances, a new roof (asphalt shingles), updated windows, and new AC systems. Three units enjoy separate hydro meters, furnaces, and dedicated AC, while Unit 4 shares services with Unit 3. Current monthly residential rental income is $5, 015, plus additional income potential from the former coin-operated laundry area. The generous lot easily accommodates 4-5 front parking spaces and features a large backyard offering potential for an additional residential unit (subject tomunicipal zoning, approvals, and permits). Conveniently located within walking distance of schools, shopping, restaurants, public transit, parks, an arena, and a community pool, this isa turn-key income-producing property with massive upside!
MLS® NumberX13749944
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageAttached
Approx. Age
BasementNone
DrivewayGarage Type:Attached
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties