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Home ON Greater Chatham-Kent Chatham-Kent Chatham
48 - 50 LORNE AVENUE
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48 - 50 LORNE AVENUE $460,000
13 hours ago
$460,000
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48 - 50 LORNE AVENUE
Chatham-Kent (Chatham), Ontario N7M1R9

MLS® Number: X12128313
6
Bedrooms
4
Bathrooms
2000 - 2500
Square Feet

Listing Description

Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered 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. (40396803)

Location Description

Lorne & Raleigh

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
Chatham
Land Size
73.3 x 94.5 FT
Annual Property Taxes
$3,238
Parking Type
No Garage
Time on REALTOR.ca
13 hours

Building

Bedrooms
Above Grade
6
Bathrooms
Total
4
Interior Features
Appliances Included
Stove, Refrigerator
Flooring
Hardwood, Tile
Basement Type
Crawl space
Building Features
Foundation Type
Concrete
Building Amenities
Separate Heating Controls
Structures
Porch
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
1

Measurements

Square Footage
2000 - 2500 sqft

Rooms

MetricImperial
Second level
Living room
Bathroom
Bedroom
Kitchen
Bedroom
Bedroom 2
Ground level
Living room
Living room
Kitchen
Bathroom
Bedroom
Bedroom
Bedroom 2
Bathroom
Kitchen
Living room
Kitchen
Bathroom

Land

Lot Features
Frontage
73 ft ,3 in
Land Depth
94 ft ,6 in
Other Property Information
Zoning Description
RL3
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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