44 days on Market

46-48 Wellington St, Chatham-Kent, Ontario N7M 3N9

Townhouse
5
3
- sqft
$550,000
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Townhouse
5
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,362/mo

Tax Amount (2024)$3,217/yr

Days On Market44 days


Description

Cash flowing triplex for sale just steps from downtown Chatham. Recently renovated in 2022, this property features 2 two-bedroom units and 1 one-bedroom unit, each with separate heating, electrical, and in-suite laundry. Modern finishes include quartz countertops, dishwashers, tiled showers, and LED lighting. One 2-bedroom unit is vacant, previously rented for $1,495. Landlord covers gas (on-demand tank Only) and water. Potential for $49,000 in rental income. 5 parking spaces. Neighboring 4-plex also for sale, potential for CMHC financing. See documents for full income & expense report


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size3,779 SqFt(67.98 x 55.6)
Parking Spaces5
MLS ®NumberX10421622
Community NameChatham
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Heat Pump
Cooling: Other

Features

Lot size: 3,779 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by BLUE FOREST REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 42225
Average household income $97,645

Age (%)

65 and plus
23%
0 to 19
21%
50 to 64
21%
35 to 49
17%
20 to 34
17%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
91%
Others
5%
French
2%

House tenancy (%)

Owners
62%
Renters
38%

Schools and amenities

Estimated Budget