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50 Lorne Avenue Unit# 48 Chatham-Kent, Ontario

$349,000
5 Beds
  4 Full

PROPERTY INFO

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. (id:4555)

PROPERTY SPECS

Price $349,000
City Chatham-Kent, Ontario
Bed / Bath 5 / 4 Full
Address 50 Lorne Avenue Unit# 48
Listing ID X12907100
Style Fourplex
Parking 1.00
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Ownership Freehold Basement Partially finished, N/A Heating / Cooling Forced air, Natural gas Parking 1.00



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