$425,000
Available - For Sale
Listing ID: X12128304
50 Lorne Avenue , Chatham-Kent, N7M 1R9, Chatham-Kent
| 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: | $3394.41 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 50 Lorne Avenue , Chatham-Kent, N7M 1R9, Chatham-Kent |
| Postal Code: | N7M 1R9 |
| Province/State: | Chatham-Kent |
| Directions/Cross Streets: | Lorne & Raleigh |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 2200.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
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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 |
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At a Glance:
| Type: | Com - Investment |
| Area: | Chatham-Kent |
| Municipality: | Chatham-Kent |
| Neighbourhood: | Chatham |
| Tax: | $3,394.41 |
| Fireplace: | N |
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