Sold ConditionalFourplex

50-52 Wellington Street

Name: 50-52 Wellington Street - Sold Conditional
Brand: BLUE FOREST REALTY INC.
Price: 460000 CAD
Availability: OutOfStock

Chatham-Kent - Chatham

50-52 Wellington Street

Chatham-Kent - Chatham

Listed For $460,000

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Sold Conditional

4 Bedrooms Bedrooms

4 Bathrooms Bathrooms

0 Garage Garage

Description

Cashflowing fourplex for sale just steps from downtown Chatham. Two units updated in 2022 with modern finishes including tiled showers, Quartz countertops, dishwashers and LED lighting. The property features 4 - one bedroom units that each have separate hydro meters. Potential for $57,000 in rental income. 4 Parking spaces. Neighboring triplex for sale, potential for CMHC financing. See documents for full income & expense report. An opportunity to set your own rents for 2 units as of Nov 1 (Lower front and upper back) or move in!

Key facts for 50-52 Wellington Street

Tax$2,873.58 / 2024

Property TypeFourplex, 2-Storey

Lot Size82.3 x 50.19 Feet

Size< 700 ft²

ParkingNone Spaces, Total 4 Spaces

Parking FeaturesPrivate

BasementNone

Listing #X12455960

Days on Market--

Listing BrokerageBLUE FOREST REALTY INC.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$2,246/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$3.3% net yield

Net Monthly Cash Flow-$835

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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