30 Duke Street South, Chatham, Ontario

$299,900

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5

Beds

4

Baths

About 30 Duke Street South

Opportunity knocks with this value-add fourplex in Chatham, offering immediate cash flow once vacant unit is rented, significant upside, and future flexibility for investors and owner-occupiers alike. The property features four self-contained units, including one vacant 1-bedroom unit that can be rented at current market rent or a primary residence. The remaining three units—two 1-bedroom units and one 2-bedroom unit—are occupied by long-term tenants, providing stable income from day one.Designed for investment efficiency, the building offers separate hydro meters, allowing tenants to pay their own hydro. Each unit presents an opportunity for modernization and cosmetic improvements, creating the potential to force appreciation over time. The property also includes on-site parking for all units and is conveniently located close to downtown amenities. Whether you're looking to expand your portfolio, undertake a value-add project, or live in one unit while generating income. (id:36535)

Features of 30 Duke Street South

Listing # 26013487
Price $299,900
Bedrooms 5
Bathrooms 4.00
Acres 0.00
Year Built 1900
Type Single Family
Sub-Type Freehold

Community Information

Address 30 Duke Street South
City Chatham
Province Ontario
Postal Code N7M4L9

Amenities

Features Double width or more driveway, Gravel Driveway, Side Driveway
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Aluminum/Vinyl
Lot Description 54.65 X 104.23
Foundation Block

Listing Details

OfficeCourtesy Of RE/MAX Sarnia Realty Inc

Listing Map