31 Adelaide STREET North,Chatham - $399,999 - Directions

Welcome to this 3-unit property in a quiet area of Chatham, offering exceptional flexibility for investors or multi-generational living. With a projected rental income of $5,000/month, this is a high-performing opportunity you won’t want to miss. The main floor and basement units are currently vacant, giving you the freedom to set your own rents or design the ideal multi-generational living arrangement. Each unit features its own private entrance, bright layout, and well-maintained finishes—appealing to both tenants and owner-occupants alike. The top-floor loft unit is already leased at $1,500/month (utilities included) and showcases vaulted ceilings, a walk-in closet, spa-like ensuite, and a modern open-concept design. The vacant main floor and basement units present excellent cash flow potential, whether you rent them immediately or tailor them for extended family use. Outside, tenants can enjoy a low-maintenance shared yard and ample on-site parking. Located in a desirable neighbourhood close to parks, schools, and everyday amenities, this property combines income potential with lifestyle convenience. (id:4555)