31 Adelaide Street North Chatham, Ontario N7M 4K2

Baseboard Heaters, Furnace

$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 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

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Aidan Naus
Sales Person

(519) 504-3369

Jump Realty Inc.
Suite 300 - 3390 Walker Rd
Windsor, Ontario N8W 3S1

(519) 997-2320
(226) 221-9483

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