Property Attributes
- MLS#26021658
- TypeMulti-Family
- Listing Status Active
- CityChatham
- AreaNorth East
- NeighbourhoodN11
- Postal CodeN7L 2T5
- StyleFourplex
- Year Built1975
- Taxes$ 4756
- Price$ 869,900
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
Data Source:
Windsor-Essex (WECAR) / Sarnia-Lambton (SLREB)
Property Description
A rare opportunity to acquire a very large, purpose-built 2-storey fourplex designed for strong cash flow, flexibility, and long-term wealth building. Each spacious unit offers 3 bedrooms with potential for a 4th bedroom in the basement, 1.5 bathrooms including a convenient main floor powder room, generous kitchen space, in-suite laundry, parking, and a private fenced yard with green space, ideal for families and long-term tenant appeal. This well-maintained, low-maintenance income property is separately metered for gas, hydro, and water, meaning no utilities need to remain in the landlord’s name. All major equipment is owned, including the updated furnaces, central air units, and hot water tanks, adding further peace of mind and reducing operating costs. Units 1 and 3 are occupied by long-term, stable tenants, providing steady existing income. Units 2 and 4 are currently vacant and being operated as high-producing short-term rentals, offering the new owner excellent flexibility to continue exploring lucrative Airbnb-style income or set market rents with new long-term tenants. With a strong unit mix, owned equipment, separate utilities, private outdoor space, and multiple income strategies available, this is a true turnkey investment opportunity for investors looking to add a high-performing fourplex to their portfolio. Buyer to verify all future intended uses, including short-term rental permissions.
| Price History | |
|---|---|
| 9/4/2026 | Listed $869,900 |
General Features
| Sewer | Sanitary |
|---|---|
| Roof | Asphalt Shingle |
| Zoning | RM2 |
| Occupancy | Tenant,Vacant |
| Year Built | 1975 |
| Property Type | Multi-Family |
| Transaction Type | Sale |
| Tax Year | 2026 |
| Status | Active |
| District | North East |
| City | Chatham |
| Heating Cooling | Central Air Conditioning,Furnace |
| Major Area | Chatham City |
| Year Built Description | Approximate |
| Legal Description | PT LT 11-12 BLK A PL 26 PT 3,24R871; CHATHAM-KENT |
| DOM | 14 |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Room Count | 40 |
Exterior Features
| Exterior Finish | Aluminum/Vinyl,Brick |
|---|---|
| Water Availability | Connected |
| Sewer Availability | Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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