162/164 Raleigh Street, Chatham, Ontario N7M 2N3

Listed for:
$305,000
0 beds
0 baths
Listed 10 days ago
Triplex for rent: 162/164 Raleigh Street, Chatham, Ontario N7M 2N3

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About

Turnkey Investment Opportunity – Fully Tenanted Triplex! Welcome to 162/164 Raleigh Street, Chatham, a well-maintained, income-producing triplex offering immediate cash flow with reliable long-term tenants already in place. Whether you're looking to expand your investment portfolio or purchase your first multi-family property, this fully tenanted building presents an great opportunity. The property features three self-contained residential units. At 162 Raleigh Street, the main floor offers a spacious 2-bedroom unit currently rented for $1,095/month plus heat and hydro, while the upper 1-bedroom unit features a generous kitchen and bathroom and is rented for $724/month inclusive. At 164 Raleigh Street, you'll find a bright and spacious 3-bedroom unit currently rented for $1,785/month plus heat and hydro, providing strong rental income from a desirable unit. Tenants enjoy a covered balcony and an additional deck off the upper unit. Conveniently located close to schools, parks, shopping, restaurants, public transit, and other everyday amenities. With stable rental income, separate utility arrangements for the larger units, and a central location, this is an excellent opportunity for investors seeking a solid addition to their real estate portfolio. Please note: As the property is fully tenanted, a minimum of 24 hours' notice is required for all showings in accordance with tenant rights. (id:27476)

Property Highlights

MLS® Number
26016011
Type
Multi-family
Ownership Type
Freehold
Land Size
X / 0.108 AC|0-0.25 acre

Building

Building Type
Triplex
Storeys
1.00
Exterior Finish
Aluminum/Vinyl
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters, Furnace
Heating Fuel
Natural gas
Building Cooling Type

Location

Learn more about this property
Listing provided by:
CENTURY 21 MAPLE CITY REALTY LTD. Brokerage
MLS® number:
26016011
Agent:
Anne Baird
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