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$425,000
Available - For Sale
Listing ID: X12128304
Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered commercial 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.
Price $425,000
Taxes: $3,394.41
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 50 Lorne Aven , Chatham-Kent, N7M 1R9, Chatham-Kent
Postal Code: N7M 1R9
Province/State: Chatham-Kent
Directions/Cross Streets: Lorne & Raleigh
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,200
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE

50 Lorne Aven , Chatham-Kent, N7M 1R9, Chatham-Kent


 
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At a Glance:
Type: Com - Investment
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham
Style:
Lot Size: x 94.46(Feet)
Approximate Age:
Tax: $3,394.41
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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