Description
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. Potential for $49,000 in rental income. 5 parking spaces. Neighboring 4-plex also for sale, potential for CMHC financing. See documents for full income & expense report
Location Description
CORNER OF WELLINGTON ST E & ADELAIDE ST S
Property Details
- Community: Chatham
- Property Type: Tenant/Residential Freehold
- Bedrooms: 5
- Bath: 3
- Garages: None
- Annual Property Taxes : $ 3217
Building Features
- Foundation Type: Block
- Counstruction Material : Brick
- Total Parking Space : 5
- Parking Type : None
Features
- Heating : Heat PumpElectric
- Sewer : Sewer ,
Listing Contracted With: BLUE FOREST REALTY INC.
