$890,000
Available - For Sale
Listing ID: X13749944
26 Florence Street , Chatham-Kent, N7L 3G1, Chatham-Kent


Excellent investment opportunity! This legal two-storey fourplex features four bright, spacious, and updated self-contained residential units-including one 3-bedroom, two 1-bedrooms,and one bachelor suite. All four units were fully renovated in 2021 with brand-new appliances, a new roof (asphalt shingles), updated windows, and new AC systems. Three units enjoy separate hydro meters, furnaces, and dedicated AC, while Unit 4 shares services with Unit 3. Current monthly residential rental income is $5,015, plus additional income potential from the former coin-operated laundry area. The generous lot easily accommodates 4-5 front parking spaces and features a large backyard offering potential for an additional residential unit (subject tomunicipal zoning, approvals, and permits). Conveniently located within walking distance of schools, shopping, restaurants, public transit, parks, an arena, and a community pool, this isa turn-key income-producing property with massive upside!
Price $890,000
Taxes: $3100.00
Occupancy: Tenant
Address: 26 Florence Street , Chatham-Kent, N7L 3G1, Chatham-Kent
Directions/Cross Streets: St. Clair St / Forest St
Rooms: 16
Bedrooms: 5
Bedrooms +: 1
Family Room: F
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 12 11.97 Laminate, Combined w/Dining, Open Concept
Room 2 Main Kitchen 10 8.04 Ceramic Floor
Room 3 Main Bedroom 12.04 7.58 Laminate, Window
Room 4 Main Bedroom .03 .03
Room 5 Second Living Ro 12.5 9.02 Laminate, Combined w/Living, Window
Room 6 Second Kitchen 12 7.05 Ceramic Floor, Eat-in Kitchen, Window
Room 7 Second Bedroom 9.54 8.69 Laminate, Closet, Window
Room 8 Second Living Ro 19.98 13.05 Laminate, Combined w/Dining, Open Concept
Room 9 Second Kitchen
Room 10 Second Primary B 12.5 7.05 Laminate, Window
Room 11 Second Bedroom 2 9.02 9.02 Laminate, Window
Room 12 Second Bedroom 3 9.05 8.56 Laminate, Window
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: Attached
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 2000-2500
Property Features: Place Of Wor, School
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.
Personal Picture
Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
 
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At a Glance:
Type: Freehold - Fourplex
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham-Kent
Style: 2-Storey
Lot Size: x 67.94(Feet)
Approximate Age:
Tax: $3,100
Maintenance Fee: $0
Beds: 5+1
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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