Rarely does an opportunity like this present itself—offering two Heritage Listed homes for the price of one, this exceptional property features a well-maintained triplex alongside a charming single-family home, for a total of four income-generating units. Two fully renovated units are currently vacant, allowing you to set your own rents and maximize returns from day one. Ideally situated within walking distance to the downtown core, this property is nestled in a desirable, mature neighbourhood with strong rental appeal. Boasting numerous upgrades throughout, three of the four units offer in-suite laundry, with attractive side-by-side units complemented by a welcoming veranda. Each unit is separately metered with tenants paying their own utilities, and all are serviced by efficient forced air gas heating. Offering endless possibilities, this property is perfectly suited for investors or owner-occupiers seeking both immediate income and long-term growth. With an excellent rate of return and undeniable value, this is a rare investment opportunity in a prime, centrally located area. Ample on-site parking further enhances tenant convenience. Please contact Listing Agent for income and expense statement -Please note 24 Hour notice will be required to view all units (id:4069)
Address
310, 312, 318 WELLINGTON STREET
List Price
$579,900
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Chatham
Lot Size
X / 0.273 AC Sq. Ft.
Year Built
1880
MLS® Number
26007924
Listing Brokerage
RE/MAX PREFERRED REALTY LTD.
Postal Code
N7M1K1
Zoning
RL2
Amenities
Shopping Area
