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Home ON Chatham-Kent Chatham
188 ADELAIDE STREET South
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188 ADELAIDE STREET South $199,000
3 days ago
$199,000
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188 ADELAIDE STREET South
Chatham, Ontario N7M4R9

MLS® Number: 24029424

Listing Description

Looking for your next investment opportunity? This vacant duplex is full of potential. With two 1-bedroom, 1-bathroom units, it’s the perfect chance to start fresh. You can choose your own tenants and set rents that work for you. Whether you’re looking for an income property or a live-and-rent option, this duplex is ready to be transformed into something great. Each unit has separate hydro and natural gas meters, already in place, saving you money and increasing profitability. The layout provides practical living spaces with good potential for updates (including room for 2-bedrooms in each unit) that increase value and attract quality tenants. The property also features an unfinished basement with a backyard walkout. The home does need renovation, but for the right buyer, it’s an opportunity to create a property that stands out. Whether you’re experienced in real estate or just starting your investment journey, this duplex offers flexibility and room for growth. (51768549)

Location Description

Head north on Queen Street to William Street South. Turn right (east) onto St. Patrick Street and left onto Adelaide Street South

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Title
Freehold
Land Size
under 1/4 acre
Built in
1890
Annual Property Taxes
$2,294.60
Parking Type
Other (2)
Time on REALTOR.ca
3 days

Building

Interior Features
Flooring
Ceramic/Porcelain, Hardwood, Laminate
Building Features
Foundation Type
Block
Total Units
2
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Aluminum/Vinyl
Parking
Parking Type
Other (2)

Rooms

MetricImperial
Main level
Bedroom
3pc Bathroom
Kitchen
Living room
Second level
Bedroom
4pc Bathroom
Kitchen
Living room
Basement
Storage
Utility room
Storage

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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