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Home ON Chatham-Kent Chatham
46-48 WELLINGTON STREET East
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46-48 WELLINGTON STREET East $550,000
$550,000
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46-48 WELLINGTON STREET East
Chatham, Ontario N7M3N9

MLS® Number: 24027504

Listing Description

Cashflowing triplex for sale just steps from downtown Chatham. Recently renovated in 2022, this property features 2 two-bedroom units and 1 one-bedroom unit, each with separate heating, electrical, and in-suite laundry. Modern finishes include quartz countertops, dishwashers, tiled showers, and LED lighting. One 2-bedroom unit is vacant, previously rented for $1,495. Landlord covers gas (on-demand tank Only) and water. Potential for $49,000 in rental income. 5 parking spaces. Neighboring 4-plex also for sale, potential for CMHC financing. See documents for full income & expense report (51672648)

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Title
Freehold
Land Size
under 1/4 acre
Built in
1910
Annual Property Taxes
$3,216.68
Parking Type
Other (5)
Time on REALTOR.ca
36 days

Building

Interior Features
Flooring
Mixed Flooring
Building Features
Foundation Type
Block
Total Units
3
Heating & Cooling
Cooling
Heat Pump
Heating Type
Heat Pump, (Electric)
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Other (5)

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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