50 Lorne Avenue, Chatham-Kent, ON N7M 1R9

Chatham-Kent N7M 1R9 Ontario

MLS: X12128304

$460,000

Added 24 days ago | For Sale

Listed by: ROYAL LEPAGE FRANK REAL ESTATE

About Property

Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered commercial fourplex in the heart of Chatham, perfectly situated on a prominent corner lot at Lorne Ave and Raleigh St. This fully detached building features four self-contained residential units, offering immediate income with room to grow. This is an excellent opportunity for investors looking to add value through future updates and exploration of the property's long-term potential. Zoned appropriately for multi-residential use, this property invites the next owner to bring their vision and capitalize on a solid, income-generating asset. Located close to schools, parks, transit, and just minutes from downtown Chatham. Don't miss your chance to secure a multi-unit property with strong upside in a growing community.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 73.28 X 94.46
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Lorne & Raleigh
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $3238
  • Bedrooms:
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12128304

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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