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)
MLS® Number | 24027504 |
Property Type | Multi-family |
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 |
Other | 5 |
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
Contact us for more information
Jeremy Lloyd Ivany
Sales Person
(519) 649-1888
(519) 937-9111