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Renanza Realty
For sale

153 Adelaide STREET South

Chatham, Ontario

MLS® 26026858

$299,900

Status
Active
Property type
Multi-family
MLS® number
26026858
Bedrooms
—
Bathrooms
—
Year built
1900

Listing description

**AFFORDABLE DUPLEX WITH INCOME POTENTIAL! ** Welcome to 153 Adelaide Street South in Chatham! Whether you're looking to enter the real estate market, expand your investment portfolio, or live in one unit while generating rental income from the other, this property offers an incredible opportunity!

The spacious main-floor unit features 2 bedrooms, a full bathroom, and a generously sized kitchen, while the upper 2-bedroom unit is currently rented for $1,200 per month, (with rent paid directly to the property owner through a government-administered program), the main unit is vacant and was previously rented for $1500/mth. Separate gas and hydro meters, water shared. Situated on a double lot, this property offers plenty of outdoor space for tenants to enjoy, along with convenient on-site parking.

Located just minutes from downtown Chatham, within walking distance of shopping, restaurants, everyday amenities, and public transit, this is a location that makes daily living easy. **Live downstairs and let the rental income upstairs help offset your mortgage and monthly expenses! ** An affordable opportunity with flexibility, income potential, and room to enjoy.

Don't miss it!

Property summary

MLS® number
26026858
Property type
Multi-family
Building type
Duplex
Title
Freehold
Land size
X / 0.115 AC
Built in
1900
Annual property taxes
$2,554.98
Parking
Other
Days on market
2 days

Features & details

Heating
Baseboard heaters, Forced air, Electric, Natural gas, Furnace
Flooring
Laminate, Cushion/Lino/Vinyl
Exterior features
Aluminum/Vinyl

What would this home cost you?

Based on the $299,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,395 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX PREFERRED REALTY LTD., Chatham.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.