185 Thames Street, Chatham ON

About 185 Thames Street

Welcome to a prime duplex investment opportunity at 185/187 Thames St., located in the vibrant heart of Chatham, Ontario. This well-maintained property offers a side-by-side duplex configuration, ideal for savvy investors or those seeking a primary residence with rental income. The duplex consists of an owner-occupied unit and a tenant-occupied unit. Currently, the tenant-occupied unit rents for $950, with the rent set to increase to $1,100 as of October 1st. The owner will provide vacant possession of the unit he occupies, with an estimated rental potential of $1,700 or more. Each unit features a newer HVAC system, ensuring comfort and energy efficiency, and the tenant-occupied unit has seen updates including fresh paint, new flooring, and an updated kitchen. Both units also boast access to a beautiful private backyard, offering residents a serene outdoor escape. Additional conveniences include separate laundry facilities in the basement and a new roof. The cement driveway can accommodate approximately four cars, with additional street parking available. Centrally situated in Chatham s core, this duplex offers exceptional convenience and strong rental potential. Whether you re looking for a turnkey investment or a home with additional income potential, this property is a fantastic opportunity. Contact the listing agent today for a viewing of this almost-turnkey investment! (id:56071). Get more information on 185 Thames Street

Property Features

Rental Equipment:  
Directions:  OVER THIRD STREET BRIDGE NORTH, HOUSE IS ON THE LEFT.
Zoning Description:  RL3
Amenities:  Laundry Facility
Lot:  51.48 X 102.96 ft / 0 AC|under 1/4 acre 51.48 X 102.96 ft / 0 AC
Exterior Finish:  Aluminum/Vinyl
Flooring:  Laminate, Mixed Flooring, Cushion/Lino/Vinyl
Water:  ,
Heating / Cooling:   Natural gas /
Age: 
Foundation: Block
Basement:  

Rooms & Sizes