Property Specs:
Price$498,900.00
CityChatham, ON
Bed / Bath5 / 3 Full
Address152-154, 158, 162 Colborne STREET
Listing ID24027054
ConstructionAluminum/Vinyl
FlooringLaminate
Land Size126.47XIRR
TypeHouse
StatusFor sale
Extended Features:
Features Double width or more driveway, Gravel Driveway, Side DrivewayOwnership FreeholdWater-front Waterfront on riverFoundation BlockHeating Forced air, FurnaceHeating Fuel Natural gas
Details:
INVESTOR'S DREAM - SET YOUR OWN RENTS! This fully renovated, **completely vacant** legal triplex includes two 2-bedroom units and one 1-bedroom unit, each with separate furnaces, water heaters, and electrical meters for tenant independence. City-approved and to code, it boasts all-new electrical, plumbing, drywall, flooring, windows, doors, siding, and roof. The identical 2 bedroom units could rent at approx. $1900/mth each, 1 bedroom unit $1400/mth. With two double driveways and two extra parcels of land (see picture), there’s ample parking and room for future potential. Backing onto McGregor’s Creek, this property combines rental income potential with scenic appeal—an exceptional, high-quality investment opportunity in a prime location! Seller will consider adding adding all appliances to each to unit for the right prcie to make this a true turnkey investment. Seller will also hold vendor takeback loan for up to 200K. Add attached schedule B to all offers. (id:4555)
