50 Lorne AVE #48 Active Save Request In-Person Tour Request Virtual Tour
Chatham-kent,ON N7M 1R9
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
Province ON
County Chatham-kent
Community Chatham
Area Chatham-Kent
Zoning RL3
Rooms
Family Room No
Basement Crawl Space
Kitchen 4
Interior
Interior Features Separate Heating Controls
Cooling None
Inclusions 4 Stoves, 4 Fridges, Furnaces (2 rental, 1 owned), 1 Electric Wall Heater, HWTs (1 owned, 3 rental), All Electrical Fixtures
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
Senior Community No
ParcelsYN No