See all 11 photos
$460,000
Est. payment /mo
6 Beds
4 Baths
New
50 Lorne AVE #48 Chatham-kent, ON N7M 1R9
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Chatham
MLS Listing ID X12128313
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,238
Tax Year 2024
Property Sub-Type Fourplex
Property Description
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.
Location
State ON
County Chatham-kent
Community Chatham
Area Chatham-Kent
Rooms
Family Room No
Basement Crawl Space
Kitchen 4
Interior
Interior Features Separate Heating Controls
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch
Parking Features Private
Pool None
Roof Type Asphalt Shingle,Flat
Lot Frontage 73.28
Lot Depth 94.46
Total Parking Spaces 1
Building
Foundation Concrete
Others
ParcelsYN No
Listed by ROYAL LEPAGE FRANK REAL ESTATE