New Listing
26 Florence Street,Chatham-Kent, ON N7L 3G1
Chatham-Kent, ON N7L 3G1
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!
Details
| MLS # | X13749944 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 2 |
| Listing Provided By | RE/MAX REALTRON REALTY INC. | X13749944 498500 |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| Story(s) | 2 |
| Acreage | 0.11 |
Interior
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Brick |
| Construction Materials | Brick |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3100 |
|---|---|
| Tax Legal Description | PT LT 16-17 PL 19 AS IN 565339; CHATHAM-KENT |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| Region | Chatham Kent |
| City | Chatham-Kent |
| Postal Code | N7L 3G1 |
| Area | Chatham Kent |
| Listing VS Median (in N7L 3G1) | |
Price: $890,000 low | high Med: $0 On site: 2 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Chatham Kent |
| City | Chatham-Kent |
| Postal Code | N7L 3G1 |
| Area | Chatham Kent |
| Listing VS Median (in N7L 3G1) | |
Price: $890,000 low | high Med: $0 On site: 2 low | high Med: | |
