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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

FEATURED PROPERTIES
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$284,900
Available - For Sale
Listing ID: X13037228
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.
Price $284,900
Taxes: $2,337
Occupancy by: Tenant
Address: 41 Adelaide Street South , Chatham-Kent, N7M 4R1, Chatham-Kent
Directions/Cross Streets: ADELAIDE ST S & KING ST E
Rooms: 11
Bedrooms: 4
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1:  4
Washroom 2:  4
Washroom 3:  4
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  4
Washroom 8:  4
Washroom 9:  0
Washroom 10:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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BLUE FOREST REALTY INC.

41 Adelaide Street South , Chatham-Kent, N7M 4R1, Chatham-Kent

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Triplex
Area: Chatham-Kent
Municipality: Chatham-Kent
Neighbourhood: Chatham
Style: 2-Storey
Lot Size: x 104.87(Feet)
Approximate Age:
Tax: $2,337
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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