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Home ON Chatham-Kent Chatham
152-154, 158, 162 COLBORNE STREET
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152-154, 158, 162 COLBORNE STREET $498,900
$498,900
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152-154, 158, 162 COLBORNE STREET
Chatham, Ontario N7M3L9

MLS® Number: 24027385

Listing Description

INVESTOR'S DREAM - SET YOUR OWN RENTS! This fully renovated, **completely vacant** legal triplex includes two 2-bedroom units and one 1-bedroom unit, each with separate furnaces, water heaters, and electrical meters for tenant independence. City-approved and to code, it boasts all-new electrical, plumbing, drywall, flooring, windows, doors, siding, and roof. The identical 2 bedroom units could rent at approx. $1900/mth each, 1 bedroom unit $1400/mth. With two double driveways and two extra parcels of land (see picture), there’s ample parking and room for future potential. Backing onto McGregor’s Creek, this property combines rental income potential with scenic appeal—an exceptional, high-quality investment opportunity in a prime location! Seller will consider adding adding all appliances to each to unit for the right prcie to make this a true turnkey investment. Seller will also hold vendor takeback loan for up to 200K. (51665596)

Property Summary

Property Type
Multi-family
Building Type
Triplex
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$1,666.22
Parking Type
Other (6)
Time on REALTOR.ca
38 days

Building

Interior Features
Flooring
Laminate
Building Features
Foundation Type
Block
Total Units
3
Heating & Cooling
Heating Type
Forced air, Furnace, (Natural gas)
Exterior Features
Exterior Finish
Aluminum/Vinyl
Parking
Parking Type
Other (6)

Land

Other Property Information
Zoning Description
RL3
Data provided by: Chatham Kent Association of REALTORS® P.O. Box 362 Stn. Main, Chatham, Ontario N7M 5K6

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