152-154, 158, 162 Colborne STREET

Single Family For Sale in Chatham, Ontario

$498,900
INVESTOR'S DREAM - SET YOUR OWN RENTS! This fully renovated, **completely vacant** legal triplex includes two 2-bedroom units and one 1-bedroom unit, each with separate furnaces, water heaters, and electrical meters for tenant independence. City-approved and to code, it boasts all-new electrical, plumbing, drywall, flooring, windows, doors, siding, and roof. The identical 2 bedroom units could rent at approx. $1900/mth each, 1 bedroom unit $1400/mth. With two double driveways and two extra parcels of land (see picture), there’s ample parking and room for future potential. Backing onto McGregor’s Creek, this property combines rental income potential with scenic appeal—an exceptional, high-quality investment opportunity in a prime location! Seller will consider adding adding all appliances to each to unit for the right prcie to make this a true turnkey investment. Seller will also hold vendor takeback loan for up to 200K. Add attached schedule B to all offers. (id:4069)
Address 152-154, 158, 162 Colborne STREET
List Price $498,900
Property Type Single Family
Type of Dwelling House
Area Ontario
Sub-Area Chatham
Bedrooms 5
Bathrooms 3
Lot Size 126.47XIRR Sq. Ft.
MLS® Number 24027054
Listing Brokerage RE/MAX PREFERRED REALTY LTD.
Postal Code N7M3L9
Zoning RL3
Site Influences Waterfront
Features Double width or more driveway, Gravel Driveway, Side Driveway

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Heather & Wilf

RE/MAX RISE Executives, Brokerage

642 Derbyshire Point Ln Athens ON K0E 1B0

Office: (613) 340-3293

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