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    For Sale - 50 Lorne Avenue Unit# 48, Chatham-Kent, Ontario

    Est payment $1,676/mo
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    Views   2
    Time on Jump  11 day

    AI Summary *

    • Prime corner location with high visibility and easy access.
    • Four self-contained units providing immediate cash flow.
    • Potential for rent increases and value growth through improvements.
    • Surrounded by schools, parks, and transit for strong tenant demand.
    • Great opportunity for investors seeking a multi-unit asset.




    Prime corner fourplex | high upside | motivated seller located at the high-visibility corner of lorne ave & raleigh st, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown chatham, the location supports strong tenant demand and long-term stability. The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.
    Listing IDX12907100
    Address50 Lorne Avenue Unit# 48
    CityChatham-Kent, Ontario
    Price$349,000
    Bed / Bath5 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    Land Size6899.662
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneOwnership FreeholdBasement Partially FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer None

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    Listing Agency:  EXP REALTY

    * 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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    50 Lorne Avenue Unit# 48
    Chatham-Kent , Ontario
    5 4 $349,000
    Get more info