48 - 50 LORNE AVENUE,Chatham-Kent (Chatham),Ontario,N7M1R9
For sale
$349,000
48 - 50 LORNE AVENUE,Chatham-Kent (Chatham),Ontario,N7M1R9
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. (id:63658)
PROPERTY SUMMARY
| MLS® # | : | X12907100 |
| Listing price | : | $349,000 |
| Listed on | : | 24-03-2026 |
| Property subtype | : | For sale |
| Square footage | : | 2500 sqft |
| Year built | : | 0000 |
| Listing office | : | EXP REALTY |
BEDROOM & BATHROOM
| Total bedrooms | : | 5 Bedrooms |
| Total bathrooms | : | 4 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : | No Garage |