$ 550.000

46 48 Wellington Street East, Chatham

  • Added: 12 days ago
  • Updated: 10 days ago
  • Last Checked: 9 hours ago
Cashflowing triplex for sale just steps from downtown Chatham. Recently renovated in 2022, this property features 2 two-bedroom units and 1 one-bedroom unit, each with separate heating, electrical, and in-suite laundry. Modern finishes include quartz countertops, dishwashers, tiled showers, and LED lighting. One 2-bedroom unit is vacant, previously rented for $1,495. Landlord covers gas (on-demand tank Only) and water. Potential for $49,000 in rental income. 5 parking spaces. Neighboring 4-plex also for sale, potential for CMHC financing. See documents for full income & expense report (id:1945)
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Property DetailsKey information about 46 48 Wellington Street East

  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Stories: 2
  • Year Built: 1910
  • Structure Type: Triplex
  • Exterior Features: Brick
  • Foundation Details: Block
  • Type: Triplex
  • Total Units: 3
  • Unit Breakdown: Two-Bedroom Units: 2, One-Bedroom Unit: 1
  • Renovation Year: 2022
  • Vacant Unit: One 2-bedroom unit
  • Previous Rent: $1,495

Interior FeaturesDiscover the interior design and amenities

  • Flooring: Mixed Flooring
  • Heating: Separate for each unit
  • Electrical: Separate for each unit
  • In Suite Laundry: Yes
  • Finishes: Countertops: Quartz, Dishwashers: Yes, Shower: Tiled, Lighting: LED

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 46 48 Wellington Street East

  • Parking Features: Other
  • Parking Spaces: 5
  • Proximity To Downtown: Steps from downtown Chatham

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Street Dir Suffix: East
  • City: Chatham

Business & Leasing InformationCheck business and leasing options available at 46 48 Wellington Street East

  • Potential Rental Income: $49,000
  • Landlord Expenses: Gas: On-demand tank only, Water: Covered by landlord
  • Additional Property For Sale: Neighboring 4-plex

Property Management & AssociationFind out management and association details

  • Association: None specified

Utilities & SystemsReview utilities and system installations

  • Heating Systems: Separate for each unit
  • Electrical Systems: Separate for each unit

Tax & Legal InformationGet tax and legal details applicable to 46 48 Wellington Street East

  • Tax Year: 2024
  • Tax Annual Amount: 3216.68
  • Zoning Description: RL3
  • CMHC Financing: Potential with neighboring 4-plex

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 3
  • Income Expense Report: Available in documents
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Type
Address
Distance
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More Details?
JEREMY LLOYD IVANY
  • JEREMY LLOYD IVANY
  • BLUE FOREST REALTY INC.
  • 780-994-0655

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