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50 Lorne Avenue Chatham-Kent, Ontario N7M 1R9

2200 sqft
Forced Air

$460,000

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. (id:54955)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12128304
Property Type Multi-family
Community Name Chatham
ParkingSpaceTotal 1

Building

Appliances Stove, Refrigerator
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 2200 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 94 Ft ,5 In
SizeFrontage 73 Ft ,3 In
SizeIrregular 73.28 X 94.46 Ft
SizeTotalText 73.28 X 94.46 Ft
ZoningDescription Rl3

https://www.realtor.ca/real-estate/28268487/50-lorne-avenue-chatham-kent-chatham-chatham

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Cheeny Pastetio
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Royal LePage Frank Real Estate

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