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48 - 50 Lorne Avenue Chatham-Kent (Chatham), Ontario N7M 1R9

6 Bedroom 4 Bathroom 2000 - 2500 sqft
Forced Air

$460,000

Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered fourplex in the heart of Chatham, perfectly situated on a prominent corner lot at Lorne Ave and Raleigh St. This fully detached building features four self-contained residential units, offering immediate income with room to grow. This is an excellent opportunity for investors looking to add value through future updates and exploration of the property's long-term potential. Zoned appropriately for multi-residential use, this property invites the next owner to bring their vision and capitalize on a solid, income-generating asset. Located close to schools, parks, transit, and just minutes from downtown Chatham. Don't miss your chance to secure a multi-unit property with strong upside in a growing community. (id:49187)

Property Details

MLS® Number X12128313
Property Type Multi-family
Community Name Chatham
Parking Space Total 1
Structure Porch

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Heating Controls
Appliances Stove, Refrigerator
Basement Type Crawl Space
Exterior Finish Brick
Flooring Type Hardwood, Tile
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2000 - 2500 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 94 Ft ,6 In
Size Frontage 73 Ft ,3 In
Size Irregular 73.3 X 94.5 Ft
Size Total Text 73.3 X 94.5 Ft
Zoning Description Rl3

Rooms

Level Type Dimensions
Second Level Living Room 3.08 m x 4.21 m
Second Level Bathroom 1.62 m x 2.59 m
Second Level Bedroom 4.37 m x 3.95 m
Second Level Kitchen 2.85 m x 3 m
Second Level Bedroom 4.26 m x 1.57 m
Second Level Bedroom 2 3.33 m x 2.48 m
Ground Level Living Room 3.15 m x 1.78 m
Ground Level Living Room 3.98 m x 3.96 m
Ground Level Kitchen 3.94 m x 3.08 m
Ground Level Bathroom 1.67 m x 2.38 m
Ground Level Bedroom 4.2 m x 1 m
Ground Level Bedroom 1.93 m x 2.18 m
Ground Level Bedroom 2 3.46 m x 2.15 m
Ground Level Bathroom 2.32 m x 2.37 m
Ground Level Kitchen 2.39 m x 2.21 m
Ground Level Living Room 3.66 m x 5.05 m
Ground Level Kitchen 3.92 m x 3.12 m
Ground Level Bathroom 1.6 m x 2.06 m

https://www.realtor.ca/real-estate/28268490/48-50-lorne-avenue-chatham-kent-chatham-chatham

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