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152-154, 158, 162 Colborne Street

Colborne StChathamChatham-KentON, N7M 3L9

5
Beds
3
Baths
$498,900
List Price
152-154, 158, 162 Colborne Street, Chatham-Kent, ON - 1 of 3
152-154, 158, 162 Colborne Street, Chatham-Kent, ON - 2 of 3
152-154, 158, 162 Colborne Street, Chatham-Kent, ON - 3 of 3
New
10 days on market

Quick Summary

  • Fully renovated legal triplex with separate utilities
  • Vacant property with high rental income potential
  • Ample parking with two double driveways
  • Additional land parcels for future development
  • Scenic creek-side location with rental appeal
  • Seller financing available with vendor takeback loan
  • Opportunity to purchase turnkey investment property
  • Prime location for high-quality investment

INVESTOR'S DREAM - SET YOUR OWN RENTS! This fully renovated, **completely vacant** legal triplex includes two 2-bedroom units and one 1-bedroom unit, each with separate furnaces, water heaters, and electrical meters for tenant independence. City-approved and to code, it boasts all-new electrical, plumbing, drywall, flooring, windows,... Show More

INVESTOR'S DREAM - SET YOUR OWN RENTS! This fully renovated, **completely vacant** legal triplex includes two 2-bedroom units and one 1-bedroom unit, each with separate furnaces, water heaters, and electrical meters for tenant independence. City-approved and to code, it boasts all-new electrical, plumbing, drywall, flooring, windows, doors, siding, and roof. The identical 2 bedroom units could rent at approx. $1900/mth each, 1 bedroom unit $1400/mth. With two double driveways and two extra parcels of land (see picture), there’s ample parking and room for future potential. Backing onto McGregor’s Creek, this property combines rental income potential with scenic appeal—an exceptional, high-quality investment opportunity in a prime location! Seller will consider adding adding all appliances to each to unit for the right prcie to make this a true turnkey investment. Seller will also hold vendor takeback loan for up to 200K. Add attached schedule B to all offers. (id:54626)

Property Details

Size

Sq. Ft. Not Available
14 total rooms across 2 floors
5 Beds
5 Above Grade
3 Baths
3 Full

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Aluminum/Vinyl
Foundation
Block
Builder Name
-
Stories
2
Flooring
Laminate
Roof
-

Heating & Cooling

Heating
Forced air, Furnace
Cooling
-

Rooms

4pc Bathroom

9′3″ x 4′11″

4pc Bathroom

4′1″ x 9′2″

Bedroom

10′5″ x 10′7″

Bedroom

12′2″ x 13′10″

Bedroom

12′2″ x 12′2″

Bedroom

6′9″ x 9′8″

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
24027054
Last Updated
November 14, 2024
Brokerage
RE/MAX PREFERRED REALTY LTD.
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