31 Adelaide Street North Chatham, Ontario N7M 4K2
$399,999
Welcome to this 3-unit property in a quiet area of Chatham, offering exceptional flexibility for investors or multi-generational living. With a projected rental income of $5,000/month, this is a high-performing opportunity you won’t want to miss. The main floor and basement units are currently vacant, giving you the freedom to set your own rents or design the ideal multi-generational living arrangement. Each unit features its own private entrance, bright layout, and well-maintained finishes—appealing to both tenants and owner-occupants alike. The top-floor loft unit is already leased at $1,500/month (utilities included) and showcases vaulted ceilings, a walk-in closet, spa-like ensuite, and a modern open-concept design. The vacant main floor and basement units present excellent cash flow potential, whether you rent them immediately or tailor them for extended family use. Outside, tenants can enjoy a low-maintenance shared yard and ample on-site parking. Located in a desirable neighbourhood close to parks, schools, and everyday amenities, this property combines income potential with lifestyle convenience. (id:43321)
Property Details
MLS® Number | 25023656 |
Property Type | Multi-family |
Building
Constructed Date | 1900 |
Exterior Finish | Aluminum/vinyl |
Flooring Type | Mixed Flooring |
Heating Fuel | Natural Gas |
Heating Type | Baseboard Heaters, Furnace |
Stories Total | 3 |
Type | Duplex |
Parking
Other | 5 |
Land
Acreage | No |
Size Irregular | 38 X 83 Ft / 0.074 Ac |
Size Total Text | 38 X 83 Ft / 0.074 Ac |
Zoning Description | Rl2 |
Rooms
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Kitchen | Measurements not available | ||
Second Level | Bedroom | Measurements not available | ||
Second Level | 4pc Bathroom | Measurements not available | ||
Second Level | Bedroom | Measurements not available | ||
Lower Level | Living Room | Measurements not available | ||
Lower Level | Bedroom | Measurements not available | ||
Lower Level | 4pc Bathroom | Measurements not available | ||
Lower Level | Kitchen | Measurements not available | ||
Main Level | Living Room | Measurements not available | ||
Main Level | Dining Room | Measurements not available | ||
Main Level | Bedroom | Measurements not available | ||
Main Level | 3pc Bathroom | Measurements not available | ||
Main Level | Kitchen | Measurements not available |
https://www.realtor.ca/real-estate/28875391/31-adelaide-street-north-chatham
Contact Us
Contact us for more information
Aidan Naus
Sales Person
Suite 300 - 3390 Walker Rd
Windsor, Ontario N8W 3S1
(519) 997-2320
(226) 221-9483