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)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X12128304 |
Property Type | Multi-family |
Community Name | Chatham |
ParkingSpaceTotal | 1 |
Appliances | Stove, Refrigerator |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 2200 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
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
Salesperson