Frontside or backside of a home, the front or back of building for 50-52 Wellington St, Chatham-Kent Ontario N7M 3N9
43 days on Market

50-52 Wellington St, Chatham-Kent, Ontario N7M 3N9

Townhouse
4
4
- sqft
$550,000
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Townhouse
4
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,362/mo

Tax Amount (2024)$2,874/yr

Days On Market43 days

Description

Cashflowing fourplex for sale just steps from downtown Chatham. Two units updated in 2022 with modern finishes including tiled showers, Quartz countertops, dishwashers and LED lighting. The property features 4 - one bedroom units that each have separate hydro meters. Potential for $57,000 in rental income. 4 Parking spaces. Neighboring triplex for sale, potential for CMHC financing. See documents for full income & expense report

Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size4,130 SqFt(82.3 x 50.19)
Parking Spaces4
MLS ®NumberX10422843
Community NameChatham
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Heat Pump
Cooling: Other

Features

Lot size: 4,130 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4

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