26 Florence Street
Chatham-Kent, Chatham-Kent, N7L 3G1
FOR SALE
$890,000
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5 + 1
BEDROOMS 4
BATHROOMS 4
KITCHENS 16
ROOMS X13749944
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Property 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!
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Property Features
Place Of Worship, School, None
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Property Details
Address
26 Florence Street
Community
City
Postal Code
N7L 3G1
Property Type
Fourplex, Fourplex
Lot Size
69' x 68'
Taxes
$3,100 (2026
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Attached
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Listing contracted with Re/Max Realtron Realty Inc.
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