Description

 Price: $ 349,000.00 MLS^®: X12907100         Location : 50 Lorne Avenue, Chatham-Kent, ON N7M 1R9

Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability. The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.

Location Description

Lorne & Raleigh

Property Details

• Community: Chatham
• Property Type: Tenant/Residential Freehold
• Bedrooms: 5
• Bath: 4
• Garages: None

Building Features

• Foundation Type: Concrete
• Construction Material: Brick
• Total Parking Space: 1

Features

• Heating: Forced Air Gas
• Sewer: None ,