31 Adelaide STREET North,Chatham - $389,999 - Directions

Welcome to this 3-unit property in a quiet area of Chatham, offering exceptional flexibility for investors or multi-generational living. With a projected rental income of $4500-$5000/month, this is a high-performing opportunity you won’t want to miss. The main floor and basement units are currently vacant with the upstairs unit vacant December 1st, giving you the freedom to set your own rents or design the ideal multi-generational living arrangement. Each unit features its own private entrance, bright layout, and well-maintained finishes—appealing to both tenants and owner-occupants alike. The top-floor loft unit was leased for $1,500/month (utilities included). The main floor and basement units present excellent cash flow potential, whether you rent them immediately or tailor them for extended family use. Outside, tenants can enjoy a low-maintenance shared yard and ample on-site parking. Located in a desirable neighbourhood close to parks, schools, and everyday amenities, this property combines income potential with lifestyle convenience. (id:4555)