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    For Sale - 128 West Street, Chatham-Kent, Ontario

    Est payment $1,436/mo
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    Views   1
    Time on Jump  26 day

    AI Summary *

    • Triplex with high rental income of $3,260 per month across three units.
    • Three self-contained units: one 2-bedroom and two 1-bedroom units.
    • On-site laundry for tenant convenience and reduced operating costs.
    • Recent updates to key systems and two units enhance property value.
    • Parking for two vehicles and strong rental history attract quality tenants.




    This triplex offers high rental income and excellent flexibility for investors and owner-occupants alike. The property currently generates $3,260 per month in rental income across all three units, with separate hydro and gas meters for straightforward expense management. The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1,050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1,085 per month, inclusive. Unit 3 is a 1-bedroom unit now rented for $1,125 per month plus hydro and gas. Each unit has its own hydro and gas meter, while on-site laundry provides added convenience for tenants. Two of the units have been thoughtfully updated, blending modern finishes with the character of the building. Key mechanical updates include a furnace and hot water tank completed in 2023, along with renovations to unit 1 in 2024 and unit 3 in 2023. Unit 3 also received a new entrance in 2025, and the sewer and drain lines have been replaced and lined with cipp for added long-term peace of mind. The property offers parking for two vehicles and a functional layout that continues to attract quality tenants. With all three units currently rented and a solid rental history, this is an excellent opportunity for an investor looking to add a cash-flowing property to their portfolio or an owner-occupant looking for a multi-unit property with established rental income. Located in chatham, this triplex offers the income, flexibility and updates that make for a compelling investment opportunity.
    Listing IDX13731244
    Address128 West Street
    CityChatham-Kent, Ontario
    Price$299,000
    Bed / Bath3 / 2 Full
    Style2-Storey, Triplex
    ConstructionAluminum Siding, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features NoneOwnership FreeholdBasement Partial Basement, Crawl SpaceFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 2.00
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    Listing Agency:  BLUE FOREST REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    128 West Street
    Chatham-Kent , Ontario
    3 2 $299,000
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