41 Adelaide ST S, Chatham-kent, ON N7M 4R1
41 Adelaide ST S, Chatham-kent, ON N7M 4R1
41 Adelaide ST S, Chatham-kent, ON N7M 4R1
41 Adelaide ST S, Chatham-kent, ON N7M 4R1
41 Adelaide ST S, Chatham-kent, ON N7M 4R1
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Nickolay Carrera Campoverde

Nickolay Carrera Campoverde

+1(437) 660-5487
$ 284,900
Est. payment | /mo

4 Beds

3 Baths

Save
$ 284,900
Est. payment | /mo
Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Chatham

MLS Listing ID X13037228

Style 2-Storey

Bedrooms 4

Annual Tax Amount $2,337

Tax Year 2025

Property Sub-Type Triplex

Property Description

A rare value-add triplex in a centrally located CBD-zoned area, offering immediate income, strong upside, and future flexibility. This is an ideal opportunity for investors looking to reposition a multi-unit asset and force appreciation through renovations and rent optimization. The property consists of three self-contained units. One unit is currently tenanted, generating $850/month plus gas and hydro, providing in-place income from day one. The remaining two units are vacant and ready for renovation, including a one-bedroom and a two-bedroom suite. Both units present a clear opportunity to add value through updates and modernization, with strong upside once stabilized. The property is well-structured for investment efficiency with separate hydro and gas meters, allowing tenants to pay their own gas and hydro, while the landlord is responsible only for water. Each unit is serviced by its own gas furnace and dedicated electrical breaker panel, supporting independent utility control and ease of management. On-site parking is available for all units. Located close to downtown amenities and within CBD zoning, the property offers additional flexibility and long-term redevelopment potential beyond its current use. The property is being sold as-is, making it a strong fit for investors seeking a straightforward value-add opportunity with clear upside through repositioning.

Location

Province ON

County Chatham-kent

Area Chatham-Kent

Rooms

Family Room No

Basement None

Kitchen 3

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 56.5

Lot Depth 104.87

Total Parking Spaces 3

Building

Foundation Brick, Stone

Others

ParcelsYN No

Listed by BLUE FOREST REALTY INC.

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41 Adelaide ST S

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