Multi-Family for sale in Chatham, Ontario. Listed at $869,900.
Built in 1975
MLS® 30236843
A rare opportunity to acquire a very large, purpose-built 2-storey fourplex designed for strong cash flow, flexibility, and long-term wealth building. Each spacious unit offers 3 bedrooms with potential for a 4th bedroom in the basement, 1.5 bathrooms including a convenient main floor powder room, generous kitchen space, in-suite laundry, parking, and a private fenced yard with green space, ideal for families and long-term tenant appeal. This well-maintained, low-maintenance income property is separately metered for gas, hydro, and water, meaning no utilities need to remain in the landlord’s name. All major equipment is owned, including the updated furnaces, central air units, and hot water tanks, adding further peace of mind and reducing operating costs. Units 1 and 3 are occupied by long-term, stable tenants, providing steady existing income. Units 2 and 4 are currently vacant and being operated as high-producing short-term rentals, offering the new owner excellent flexibility to continue exploring lucrative Airbnb-style income or set market rents with new long-term tenants. With a strong unit mix, owned equipment, separate utilities, private outdoor space, and multiple income strategies available, this is a true turnkey investment opportunity for investors looking to add a high-performing fourplex to their portfolio. Buyer to verify all future intended uses, including short-term rental permissions. (id:27495)
Listing courtesy of ROYAL LEPAGE BINDER REAL ESTATE · JAZZ CHAPPUS
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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