Salesperson/REALTOR®
Royal LePage Frank Real Estate
, Brokerage*
48 - 50 LORNE AVENUE, Chatham-Kent (Chatham), Ontario, N7M 1R9
$425,000MLS® # X12128313
Investment For Sale In Chatham, Chatham-Kent (Chatham), Ontario
$425,000
Property Information:
Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered fourplex in the heart of Chatham, perfectly situated on a prominent corner lot at Lorne Ave and Raleigh St. This fully detached building features four self-contained residential units, offering immediate income with room to grow. This is an excellent opportunity for investors looking to add value through future updates and exploration of the property's long-term potential. Zoned appropriately for multi-residential use, this property invites the next owner to bring their vision and capitalize on a solid, income-generating asset. Located close to schools, parks, transit, and just minutes from downtown Chatham. Don't miss your chance to secure a multi-unit property with strong upside in a growing community. (id:7525)
Building Features:
- Style: Multiplex
- Building Type: Fourplex
- Amenities: Separate Heating Controls
- Basement Type: Crawl space
- Exterior Finish: Brick
- Floor Space: 2000 - 2500 sqft
- Flooring Type: Hardwood, Tile
- Foundation Type: Concrete
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: None
- Appliances: Stove, Refrigerator
Property Features:
- Property Type: Multi-family
- Bedrooms: 6
- Bathrooms: 4
- Floor Space (approx): 2000 - 2500 Square Feet
- Irregular: Yes
- Lot Depth: 94.5 Feet
- Lot Frontage: 73.3 Feet
- Lot Size: 73.3 x 94.5 FT
- Structure Type: Porch
- Zoning: RL3
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 1
Rooms:
- Living 2nd Level 3.08 m x 4.21 m 10.10 ft x 13.81 ft
- Bathroom 2nd Level 1.62 m x 2.59 m 5.31 ft x 8.50 ft
- Bedroom 2nd Level 4.37 m x 3.95 m 14.34 ft x 12.96 ft
- Kitchen 2nd Level 2.85 m x 3.00 m 9.35 ft x 9.84 ft
- Bedroom 2nd Level 4.26 m x 1.57 m 13.98 ft x 5.15 ft
- 2nd Bedroom 2nd Level 3.33 m x 2.48 m 10.93 ft x 8.14 ft
- Living Ground Level 3.15 m x 1.78 m 10.33 ft x 5.84 ft
- Living Ground Level 3.98 m x 3.96 m 13.06 ft x 12.99 ft
- Kitchen Ground Level 3.94 m x 3.08 m 12.93 ft x 10.10 ft
- Bathroom Ground Level 1.67 m x 2.38 m 5.48 ft x 7.81 ft
- Bedroom Ground Level 4.20 m x 1.00 m 13.78 ft x 3.28 ft
- Bedroom Ground Level 1.93 m x 2.18 m 6.33 ft x 7.15 ft
- 2nd Bedroom Ground Level 3.46 m x 2.15 m 11.35 ft x 7.05 ft
- Bathroom Ground Level 2.32 m x 2.37 m 7.61 ft x 7.78 ft
- Kitchen Ground Level 2.39 m x 2.21 m 7.84 ft x 7.25 ft
- Living Ground Level 3.66 m x 5.05 m 12.01 ft x 16.57 ft
- Kitchen Ground Level 3.92 m x 3.12 m 12.86 ft x 10.24 ft
- Bathroom Ground Level 1.60 m x 2.06 m 5.25 ft x 6.76 ft
Courtesy of: Royal LePage Frank Real Estate
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