26 Florence Street, Chatham-Kent, ON N7L 3G1
Chatham-Kent, ON N7L 3G1
About this property
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!
Property facts & features
- Property type
- Fourplex
- MLS® number
- X13749944
- Source status
- New
- Bedrooms
- 6
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- N7L 3G1
- Parking spaces
- 5
- Garage
- Attached
- Lot depth (source units)
- 67.94
- Annual property tax
- 3100
- Basement
- None
- Laundry
- Not provided
- Interior features
- None
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $890,000
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Explore active properties in Chatham-Kent →Listing brokerage: RE/MAX REALTRON REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13749944. Information deemed reliable but not guaranteed.