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Turnkey Investment Opportunity – Fully Tenanted Triplex! Welcome to 162/164 Raleigh Street, Chatham, a well-maintained, income-producing triplex offering immediate cash flow with reliable long-term tenants already in place. Whether you're looking to expand your investment portfolio or purchase your first multi-family property, this fully tenanted building presents an great opportunity. The property features three self-contained residential units. At 162 Raleigh Street, the main floor offers a spacious 2-bedroom unit currently rented for $1,095/month plus heat and hydro, while the upper 1-bedroom unit features a generous kitchen and bathroom and is rented for $724/month inclusive. At 164 Raleigh Street, you'll find a bright and spacious 3-bedroom unit currently rented for $1,785/month plus heat and hydro, providing strong rental income from a desirable unit. Tenants enjoy a covered balcony and an additional deck off the upper unit. Conveniently located close to schools, parks, shopping, restaurants, public transit, and other everyday amenities. With stable rental income, separate utility arrangements for the larger units, and a central location, this is an excellent opportunity for investors seeking a solid addition to their real estate portfolio. Please note: As the property is fully tenanted, a minimum of 24 hours' notice is required for all showings in accordance with tenant rights. (id:64906)
162/164 RALEIGH Street is located in Chatham, Ontario, with a current listing price of $305,000. This multi-family property is currently available.
Interested in learning more about 162/164 RALEIGH Street? Review the property details above — including taxes, year built, lot size, construction, interior and exterior features, parking, and any neighbourhood amenities in the Chatham area as filed by the listing brokerage.
You can also contact the Sellit2u Real Estate Group to book a private tour of MLS® 26016011 or other homes for sale in Chatham. Our team has deep expertise in the Chatham and Windsor-Essex real estate market — call 519-903-5117 to connect with an agent today.
A quick estimate based on this property's list price. Run the full numbers — including closing costs and Ontario land-transfer tax — on the Tools page.
Principal & interest only. Excludes property tax, insurance, condo fees, and CMHC where applicable.
Listing courtesy of Anne Baird, Century 21 Maple City Realty LTD. Brokerage.
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