colonial house with brick siding and driveway Features: brick siding, horizontal siding, gutters, downspout, lawn, driveway, concrete foundation, fence, parking pad More Photos

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    For Sale - 47 Sherman Street, Chatham-Kent, Ontario

    Est payment $4,082/mo
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    Views   1
    Time on Jump  80 day

    AI Summary *

    • Legal four-unit residential income property with immediate rental income.
    • One vacant unit ready for renovation to set your own market rent.
    • Remaining units already tenanted for steady cash flow during improvements.
    • Located near amenities, schools, and transit for consistent rental demand.
    • Great potential for increased rental income and property value with updates.




    Welcome to 47 sherman street in chatham - a rare opportunity to acquire a legal, purpose-built four-unit residential income property. Whether you're an investor looking to expand your portfolio or a buyer seeking strong rental potential, this property offers both immediate income and significant upside. Comprised of four self-contained units, the building provides a solid multi-residential layout with one unit currently vacant - perfect for a buyer to renovate and set their own market rent. The remaining units offer existing tenancy, allowing for income while improvements are made over time. This is an ideal value-add opportunity. With strategic renovations and updates, there is clear upside potential to increase rental income and overall property value. Improve the units, optimize tenant quality, and lease at today's market rates to unlock the asset's full earning potential. Situated in a convenient chatham location close to amenities, schools, and transit, this property is well-positioned for consistent rental demand. Whether you're looking to renovate, reposition, and maximize returns, or simply add a stablemulti-unit asset to your portfolio, 47 sherman street delivers on both flexibility and future growth.
    Listing IDX13014756
    Address47 Sherman Street
    CityChatham-Kent, Ontario
    Price$850,000
    Bed / Bath12 / 8 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneOwnership FreeholdBasement Partially FinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 12.00
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    Listing Agency:  RE/MAX REALTRON 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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    47 Sherman Street
    Chatham-Kent , Ontario
    12 8 $850,000
    Get more info