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$305,000
Est. payment /mo
Active
162/164 RALEIGH Street Chatham, ON N7M 2N3
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26016011
Construction Status Unknown
Annual Tax Amount $3,437
Tax Year 2026
Property Sub-Type Triplex
Source WESC
Property Description
Turnkey Investment Opportunity – Fully Tenanted Triplex! Welcome to 162/164 Raleigh Street, Chatham, a well-maintained, income-producing triplex offering immediate cash flow with reliable long-term tenants already in place. Whether you're looking to expand your investment portfolio or purchase your first multi-family property, this fully tenanted building presents an great opportunity. The property features three self-contained residential units. At 162 Raleigh Street, the main floor offers a spacious 2-bedroom unit currently rented for $1,095/month plus heat and hydro, while the upper 1-bedroom unit features a generous kitchen and bathroom and is rented for $724/month inclusive. At 164 Raleigh Street, you'll find a bright and spacious 3-bedroom unit currently rented for $1,785/month plus heat and hydro, providing strong rental income from a desirable unit. Tenants enjoy a covered balcony and an additional deck off the upper unit. Conveniently located close to schools, parks, shopping, restaurants, public transit, and other everyday amenities. With stable rental income, separate utility arrangements for the larger units, and a central location, this is an excellent opportunity for investors seeking a solid addition to their real estate portfolio. Please note: As the property is fully tenanted, a minimum of 24 hours' notice is required for all showings in accordance with tenant rights.
Location
Province ON
Zoning RL3
Interior
Heating Baseboard Heaters, Furnace
Cooling Baseboard Heaters, Furnace
Flooring Cushion or Lino or Vinyl
Exterior
Roof Type Asphalt Shingle
Building
Foundation Concrete
Sewer Sanitary
Construction Status Unknown
Listed by CENTURY 21 MAPLE CITY REALTY LTD. Brokerage
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