
Fourplex For Sale
$349,000
MLS® Number: X12907100
Bedrooms
5
Bathrooms
4
Fourplex For Sale
$349,000
Bedrooms
5
Bathrooms
4
50 LORNE AVENUE, Chatham-Kent (Chatham), Ontario
About This Property
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.
Property Details
Interior Details
Appliances
Refrigerator, Stove
Basement
Partially finished, N/A
Bathrooms Total
4
Bedrooms Total
5
Cooling
None
Heating
Forced air, Natural gas
Building & Exterior
Exterior Features
Brick
Foundation Details
Concrete
Parking Features
No Garage
Stories
2.0
Land & Location
City Region
Chatham
Frontage Length
72.2 feet
Lot Size Dimensions
72.2 x 93.4 FT
Postal Code
N7M1R9
Listing & Financials
Listing Office
EXP REALTY
Originating System Name
Toronto Regional Real Estate Board
Other Specifications
Country
Canada
Parking Total
1
Listed By
EXP REALTY
Mortgage Calculator
Estimated Monthly Payment
$1,715
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$1,715
Principal and interest only. Actual rates may vary.