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46-48 Wellington Street East Chatham, Ontario N7M 3N9

Heat Pump Heat Pump

$550,000

Cashflowing 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. One 2-bedroom unit is vacant, previously rented for $1,495. 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 (id:35492)

Property Details

MLS® Number 24027504
Property Type Multi-family

Building

Constructed Date 1910
Cooling Type Heat Pump
Exterior Finish Brick
Flooring Type Mixed Flooring
Foundation Type Block
Heating Fuel Electric
Heating Type Heat Pump
Stories Total 2
Type Triplex

Parking

Other 5

Land

Acreage No
Size Total Text Under 1/4 Acre
Zoning Description Rl3

https://www.realtor.ca/real-estate/27645144/46-48-wellington-street-east-chatham

Interested?

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Jeremy Lloyd Ivany
Sales Person

(780) 994-0655

Blue Forest Realty Inc.
931b Oxford St East
London, Ontario N5Y 3K1

(519) 649-1888
(519) 937-9111

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