For Sale - 185 Thames Street, Chatham, Ontario

Est payment $1,465/mo
Views   5
Time on Jump  11 day
  • Prime duplex investment opportunity in the vibrant heart of Chatham.
  • Two distinct units with a side-by-side configuration for versatility.
  • Tenant-occupied unit generating reliable income of $1,100 per month.
  • Owner-occupied unit available for move-in or rental optimization.
  • Beautiful private backyard and ample parking for four vehicles.



Welcome to a prime duplex investment opportunity at 185/187 thames st., perfectly situated in the vibrant heart of chatham, ontario. This exceptionally well-maintained property features a highly desirable side-by-side configuration, making it an ideal acquisition for savvy real estate investors or buyers looking for a primary residence that generates substantial rental income. The property consists of two distinct units. The first is a well-maintained, tenant-occupied space currently generating reliable income at $1,100 per month, featuring stylish modern updates including fresh paint, durable new flooring, and an updated kitchen. The second unit is currently owner-occupied, and the seller will provide full vacant possession upon closing. This vacancy presents a phenomenal opportunity to either move in and "house hack" or optimize your portfolio by setting current market rent, which is conservatively estimated at $1,700 or more per month. Both units benefit from separate newer hvac systems that ensure premium climate control and energy efficiency, a brand-new roof for total peace of mind, and separate dedicated laundry facilities located in the basement. Residents on both sides will love the access to a beautiful, private backyard oasis that offers a serene outdoor escape from the daily hustle. Parking is effortless with a long cement driveway that easily accommodates four vehicles, supplemented by ample street parking. Do not miss out on this turnkey gem!
Listing ID26016396
Address185 Thames Street
CityChatham, Ontario
Price$305,000
ConstructionAluminum/Vinyl
FlooringCushion or Lino or Vinyl, Laminate, Mixe…
Land Size51.48 X 102.96 ft
TypeMulti-Family
StatusFor Sale
Subtype DuplexAcreage 0.000Inclusions 2 washers, 2 dryers, 2 Refrigerators, 2 Stoves light fixturesOwnership FreeholdAppliances Dryer, Refrigerator, Stove, WasherFoundation BlockHeating / Cooling Forced AirHeating Fuel Natural GasHot Water Tank GasUtility Water Municipal WaterSewer Sanitary
Date Listed Jul 8, 2026Days on Market 11Parking Concrete
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Listing Agency:  ROYAL LEPAGE PEIFER REALTY Brokerage

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185 Thames Street
Chatham , Ontario
$305,000
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