ON
Chatham
N7M2N3
162/164 RALEIGH Street
162/164 RALEIGH Street, Chatham, ON N7M2N3
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Listing Type
Multi Family
Listing Status
Active
2
$305,000

Home Details for 162/164 RALEIGH Street

Price
$305,000
Type
Residential Income
Listing #
26016011
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. (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
Listing Courtesy: CENTURY 21 MAPLE CITY REALTY LTD. Brokerage
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EXIT REALTY CK ELITE, BROKERAGE
160 St. Clair Street, Chatham, ON N7M 3J5
Anne Kreitzer
License #: 5045802
Sales Representative
Office
519 351 7653
Agent
519 890 1909
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