Chatham-kent, ON N7M 1R9,50 Lorne AVE #48
Chatham-kent, ON N7M 1R9,50 Lorne AVE #48
Chatham-kent, ON N7M 1R9,50 Lorne AVE #48
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$460,000
Est. payment /mo
6 Beds
4 Baths
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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

Lot Depth 94.46

Lot Front 73.28

Appx SqFt 2000-2500

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


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Listed by ROYAL LEPAGE FRANK REAL ESTATE

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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