For Sale

$460,000

48 - 50 LORNE AVENUE , Chatham-Kent (Chatham), Ontario N7M1R9

6 Beds 4 Baths

Remarks

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)

Property Summary

  • Neighbourhood: Chatham
  • Lot Frontage: 73.3 Feet
  • Lot Depth: 94.5 Feet
  • Lot Size: 73.3 x 94.5 FT
  • No. of Parking Spaces: 1
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Bedrooms: 6
  • Bathrooms (Total): 4
  • Zoning: RL3

Property Features:

  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer
  • Structure Type:
    Porch

Building Features:

  • Amenities:
    Separate Heating Controls
  • Appliances:
    Stove , Refrigerator
  • Basement Type:
    Crawl space
  • Building Type:
    Fourplex
  • Exterior Finish:
    Brick
  • Flooring Type :
    Hardwood , Tile
  • Foundation Type:
    Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Rooms

  • Living:
    Level: 2nd 3.08 m x 4.21 m
  • Bathroom:
    Level: 2nd 1.62 m x 2.59 m
  • Bedroom:
    Level: 2nd 4.37 m x 3.95 m
  • Kitchen:
    Level: 2nd 2.85 m x 3.00 m
  • Bedroom:
    Level: 2nd 4.26 m x 1.57 m
  • 2nd Bedroom:
    Level: 2nd 3.33 m x 2.48 m
  • Living:
    Level: Ground 3.15 m x 1.78 m
  • Living:
    Level: Ground 3.98 m x 3.96 m
  • Kitchen:
    Level: Ground 3.94 m x 3.08 m
  • Bathroom:
    Level: Ground 1.67 m x 2.38 m
  • Bedroom:
    Level: Ground 4.20 m x 1.00 m
  • Bedroom:
    Level: Ground 1.93 m x 2.18 m
  • 2nd Bedroom:
    Level: Ground 3.46 m x 2.15 m
  • Bathroom:
    Level: Ground 2.32 m x 2.37 m
  • Kitchen:
    Level: Ground 2.39 m x 2.21 m
  • Living:
    Level: Ground 3.66 m x 5.05 m
  • Kitchen:
    Level: Ground 3.92 m x 3.12 m
  • Bathroom:
    Level: Ground 1.60 m x 2.06 m
Lifestyle
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