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    For Sale - 146 PARK Street, Chatham, Ontario

    Est payment $1,824/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Vacant Victorian-style fourplex with strong income potential for investors.
    • Four self-contained units with separate entrances for flexibility and privacy.
    • Character-filled property offers potential for restoration and equity building.
    • Most windows replaced, with materials on site for further renovations.
    • Parking available for up to 6 vehicles, enhancing tenant convenience.




    Attention investors and renovators! Opportunity awaits with this vacant victorian-style fourplex located in chatham offering strong income potential and the ability for a new owner to set their own market rents. With projected gross annual income potential of $60,000+ once completed and rented, this property presents an excellent value-add opportunity. The building features four self-contained units, each with separate entrances, including a desirable unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Full of character and architectural charm, this victorian-style property offers excellent potential for investors looking to restore and improve a unique multi-family asset while building equity through renovations. Several important updates have already been completed while still leaving room for improvement inside and out. Most windows have been replaced throughout with others on site ready to install, and both 1-bedroom units feature updated bathrooms, flooring and drywall. The main floor 1-bedroom apartment is approximately 80% completed, allowing the next owner to finish to their own standards and vision. All materials currently on site and already purchased will be included with the sale, providing added value and convenience for ongoing work. Additional features include separate hydro meters for each unit, a durable steel roof, and parking for up to 6 vehicles. With all units currently vacant, this is a rare opportunity for investors to complete renovations and maximize rental income from day one without existing tenant limitations. A fantastic opportunity to own a character-filled multi-family property with strong upside potential in a growing rental market.
    Listing ID26011919
    Address146 PARK Street
    CityChatham, Ontario
    Price$379,900
    Bed / Bath6 / 4 Full
    Style2 Storey
    ConstructionBrick
    FlooringCeramic or Porcelain, Hardwood or Engine…
    TypeResidential
    StatusFor Sale

    Subtype 2 StoreyAcreage 0.290Inclusions ALL RENOVATION MATERIAL ON SITEDriveway Gravel Drive, Side DriveParking NoneOwnership FreeholdRental Equipment NoneBasement FullBasement Development UnfinishedFoundation Brick, StoneHeating / Cooling Other, See RemarksHeating Fuel Natural GasHot Water Tank Other, See RemarksUtility Water Municipal WaterSewer Sanitary

    Date Listed May 21, 2026Days on Market 1
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    Listing Agency:  REALTY HOUSE INC. Brokerage

    * Data is provided courtesy of WECAR. 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 WECAR.

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    146 Park Street
    Chatham , Ontario
    6 4 $379,900
    Get more info