50 Lorne Ave, Chatham, ON N7M 1R9, Canada
50 Lorne Ave, Chatham, ON N7M 1R9, CanadaLocation Details
- City: Chatham-Kent (Chatham)
- Province: Ontario
Property Details
- SubdivisionName: Chatham
- Levels: 2
- FrontageLength: 72 ft ,2 in
Property Features
- Heating: Forced air
- HeatingFuel: Natural gas
- CoolingYN: True
- Cooling: None
- ParkingTotal: 1
- OpenParkingYN: False
- GarageYN: False
- AttachedGarageYN: False
- CarportYN: False
- FireplacesTotal: 0
- PoolYN: False
- ViewYN: False
- WaterfrontYN: False
Basics
- Date added: Added 5 hours ago
- Category: Multi-family
- Type: Multi-family
- Bedrooms: 5
- Bathrooms: 4
- Area: 2500 - 3000 sq ft
- Lot size: 0 sq ft
- SubdivisionName: Chatham
- ListOfficeName: EXP REALTY
- MLS ID: X12907100
Courtesy of
- OfficeName: EXP REALTY
- ListAOR: Toronto Regional Real Estate Board
Description
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Description:
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. (id:59398)
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Location
Building Details
- ParkingTotal: 1
- Heating: Forced air
Amenities & Features
- Waterfront available: No
- OpenParkingYN: No
- AttachedGarageYN: No
- GarageYN: No
- CarportYN: No
- PoolYN: No
- CoolingYN: Yes
- Cooling: None
- Total Fireplaces: 0