26 Florence Street, Chatham-Kent, ON N7L 3G1
- $890,000
- 6
- BD
- 4
- BA
- 2,000
- SqFt
- List Price
- $890,000
- MLS#
- X13749944
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Fourplex
- Style
- 2-Storey
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2000-2500
- Province
- ON
- Municipality
- Chatham-Kent
- Area
- Chatham-Kent
- Neighborhood
- Chatham-Kent
- Subdivision
- St. Clair St / Forest St
Property Description
Excellent investment opportunity! This legal two-storey fourplex features four bright, spacious, and updated self-contained residential units-including one 3-bedroom, two 1-bedrooms,and one bachelor suite. All four units were fully renovated in 2021 with brand-new appliances, a new roof (asphalt shingles), updated windows, and new AC systems. Three units enjoy separate hydro meters, furnaces, and dedicated AC, while Unit 4 shares services with Unit 3. Current monthly residential rental income is $5,015, plus additional income potential from the former coin-operated laundry area. The generous lot easily accommodates 4-5 front parking spaces and features a large backyard offering potential for an additional residential unit (subject tomunicipal zoning, approvals, and permits). Conveniently located within walking distance of schools, shopping, restaurants, public transit, parks, an arena, and a community pool, this isa turn-key income-producing property with massive upside!
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Additional Information
- Taxes
- $3,100
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 4
- Exterior
- Brick
- Garage Type
- Attached
- Pool
- None
- Parking Spaces
- 5
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Listing courtesy of RE/MAX REALTRON REALTY INC..