view of front facade with a porch, roof with shingles, and brick siding Features: gutters, brick siding, grill, porch, fence, downspout, parking pad, shingle roof More Photos

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    For Sale - 41 Adelaide Street, Chatham-Kent, Ontario

    Est payment $1,368/mo
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    Views   3
    Time on Jump  81 day

    AI Summary *

    • Centrally located triplex in a CBD-zoned area with immediate income potential.
    • One tenant currently generating $850/month plus gas and hydro costs.
    • Two vacant units available for renovations, ideal for value addition.
    • Separate utility meters allow independent control for tenants and low landlord responsibility.
    • On-site parking available, close to downtown amenities for convenience.




    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.
    Listing IDX13637634
    Address41 Adelaide Street
    CityChatham-Kent, Ontario
    Price$284,900
    Bed / Bath4 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features NoneOwnership FreeholdBasement NoneFoundation Brick, StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Brokerage: 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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    41 Adelaide Street
    Chatham-Kent , Ontario
    4 3 $284,900
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