162/164 Raleigh Street, Chatham ON

About 162/164 Raleigh Street

Turnkey Investment Opportunity – Fully Tenanted Triplex! Welcome to 162/164 Raleigh Street, Chatham, a well-maintained, income-producing triplex offering immediate cash flow with reliable long-term tenants already in place. Whether you re looking to expand your investment portfolio or purchase your first multi-family property, this fully tenanted building presents an great opportunity. The property features three self-contained residential units. At 162 Raleigh Street, the main floor offers a spacious 2-bedroom unit currently rented for $1,095/month plus heat and hydro, while the upper 1-bedroom unit features a generous kitchen and bathroom and is rented for $724/month inclusive. At 164 Raleigh Street, you ll find a bright and spacious 3-bedroom unit currently rented for $1,785/month plus heat and hydro, providing strong rental income from a desirable unit. Tenants enjoy a covered balcony and an additional deck off the upper unit. Conveniently located close to schools, parks, shopping, restaurants, public transit, and other everyday amenities. With stable rental income, separate utility arrangements for the larger units, and a central location, this is an excellent opportunity for investors seeking a solid addition to their real estate portfolio. Please note: As the property is fully tenanted, a minimum of 24 hours notice is required for all showings in accordance with tenant rights. (id:56071). Get more information on 162/164 Raleigh Street

Property Features

Rental Equipment:  
Zoning Description:  RL3
Lot (Approximate):  X / 0.108 AC|0-0.25 acre X / 0.108 AC
Exterior Finish:  Aluminum/Vinyl
Flooring:  Cushion/Lino/Vinyl
Water:  ,
Heating / Cooling:   Natural gas /
Age (Approximate): 
Foundation: Concrete
Basement:  

Rooms & Sizes

(Approximate)