$890,000
26 Florence Street, Chatham-Kent, ON N7L 3G1
6 beds4 baths5 parking 2000-2500 ft²
Key facts
- MLS®
- X13749944
- Status
- New
- Type
- Fourplex
- Taxes
- $3,100
- Size
- 2000-2500 ft²
- Parking
- 5 total
- Listed
- 2026-09-06
- Brokerage
- RE/MAX REALTRON REALTY INC.
- Cross street
- St. Clair St / Forest St
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!
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.