310, 312, 318 Wellington Street Chatham, Ontario N7M 1K1

$579,900

Rarely does an opportunity like this present itself—offering two Heritage Listed homes for the price of one, this exceptional property features a well-maintained triplex alongside a charming single-family home, for a total of four income-generating units. Two fully renovated units are currently vacant, allowing you to set your own rents and maximize returns from day one. Ideally situated within walking distance to the downtown core, this property is nestled in a desirable, mature neighbourhood with strong rental appeal. Boasting numerous upgrades throughout, three of the four units offer in-suite laundry, with attractive side-by-side units complemented by a welcoming veranda. Each unit is separately metered with tenants paying their own utilities, and all are serviced by efficient forced air gas heating. Offering endless possibilities, this property is perfectly suited for investors or owner-occupiers seeking both immediate income and long-term growth. With an excellent rate of return and undeniable value, this is a rare investment opportunity in a prime, centrally located area. Ample on-site parking further enhances tenant convenience. Please contact Listing Agent for income and expense statement -Please note 24 Hour notice will be required to view all units (id:60821)

Property Details

MLS® Number	26007924
Property Type	Multi-family

Building

Amenities	Shopping Area
Constructed Date	1880
Exterior Finish	Brick
Flooring Type	Hardwood, Mixed Flooring, Cushion/lino/vinyl
Heating Fuel	Natural Gas
Heating Type	Forced Air, Furnace
Stories Total	2
Type	Triplex

Parking

Other

6

Land

Acreage	No
Size Irregular	X / 0.273 Ac
Size Total Text	X / 0.273 Ac|under 1/2 Acre
Zoning Description	Rl2

https://www.realtor.ca/real-estate/29608579/310-312-318-wellington-street-chatham