5 Beds 4 Bath

50 Lorne Avenue 48, Chatham-Kent, ON N7M 1R9

Chatham-Kent N7M 1R9 Ontario

MLS: X12907100

$349,000

Added 2 hours ago | For Sale

Listed by: EXP REALTY

About Property

Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability. The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.

Features

  • House Style:Fourplex
  • Bathrooms:4
  • Land Size: 72.22 X 93.35
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Lorne & Raleigh
  • Basement:Partially Finished , Partially Finished
  • Possession Date:TBD
  • Annual Property taxes: $3238
  • Bedrooms:5
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12907100

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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