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$ 425,000
Est. payment | /mo
$ 425,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Chatham
MLS Listing ID X12128304
Annual Tax Amount $3,394
Tax Year 2025
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Chatham-kent
Area Chatham-Kent
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 73.28
Lot Depth 94.46
Others
ParcelsYN No
Listed by ROYAL LEPAGE FRANK REAL ESTATE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "