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$ 459,000
Est. payment | /mo
$ 459,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26022040
Construction Status Unknown
Annual Tax Amount $4,950
Tax Year 2025
Property Sub-Type Triplex
Source WESC
Property Description
Investment & Development Opportunity in the City of Chatham! This offering includes 27 & 31 Wade Street, comprising two separate ARNs (365042000510400 and 365042000510500) situated on a single PIN, with potential to sever, subject to completion of a Phase 2 Environmental assessment and all required approvals.
The property includes a triplex with 2 of 3 units currently rented, providing immediate income potential. The main building features a total of 4 bedrooms, 3 full bathrooms and 3 kitchens. A large secondary structure is also included, offering significant additional space with potential for a variety of uses, storage, redevelopment or other opportunities, subject to municipal approvals and applicable regulations.
Whether you're looking to add to your investment portfolio or explore the property's future development potential, this package offers a unique opportunity in the City of Chatham.
24 hours' notice is required for all showings of tenanted units. Property is being sold “as is, where is.” Buyer to conduct their own due diligence and verify all information relating to zoning, permitted uses, building requirements, environmental matters, severance potential, and any current or future use of both buildings.
The property includes a triplex with 2 of 3 units currently rented, providing immediate income potential. The main building features a total of 4 bedrooms, 3 full bathrooms and 3 kitchens. A large secondary structure is also included, offering significant additional space with potential for a variety of uses, storage, redevelopment or other opportunities, subject to municipal approvals and applicable regulations.
Whether you're looking to add to your investment portfolio or explore the property's future development potential, this package offers a unique opportunity in the City of Chatham.
24 hours' notice is required for all showings of tenanted units. Property is being sold “as is, where is.” Buyer to conduct their own due diligence and verify all information relating to zoning, permitted uses, building requirements, environmental matters, severance potential, and any current or future use of both buildings.
Location
Province ON
Zoning RL3
Interior
Heating Forced Air, Furnace
Cooling Forced Air, Furnace
Flooring Hardwood or Engineered Hrwd, Other, See Remarks
Inclusions 3 Fridges, 2 Stoves, 2 Microwaves, Washer and Dryer.
Exterior
Roof Type Asphalt Shingle
Building
Foundation Brick/Stone, Concrete
Sewer Sanitary
Construction Status Unknown
Listed by MATCH REALTY INC.
Nearby Locations