FOR SALE
$330,000
131 Water, Chatham-Kent, ON, N8A 2E8
2
1
1100-1500
About the Property
Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability.
The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.
Property Details
MLS#:
X12907100
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
About the Property
Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability.
The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.
Property Details
MLS#:
X12907100
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
5
Heating Fuel:
Forced Air
Bathrooms:
4
Heating Type:
Forced Air
Parking:
1 Spot
Cross Street:
Lorne & Raleigh
Basement:
Partially Finished
5
Heating Fuel:
Forced Air
Bathrooms:
4
Heating Type:
Forced Air
Parking:
1 Spot
Cross Street:
Lorne & Raleigh
Basement:
Partially Finished
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
EXP REALTY
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
EXP REALTY