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153 Adelaide STREET South
Description
**AFFORDABLE DUPLEX WITH INCOME POTENTIAL!** Welcome to 153 Adelaide Street South in Chatham! Whether you're looking to enter the real estate market, expand your investment portfolio, or live in one unit while generating rental income from the other, this property offers an incredible opportunity! The spacious main-floor unit features 2 bedrooms, a full bathroom, and a generously sized kitchen, while the upper 2-bedroom unit is currently rented for $1,200 per month, (with rent paid directly to the property owner through a government-administered program), the main unit is vacant and was previously rented for $1500/mth. Separate gas and hydro meters, water shared. Situated on a double lot, this property offers plenty of outdoor space for tenants to enjoy, along with convenient on-site parking. Located just minutes from downtown Chatham, within walking distance of shopping, restaurants, everyday amenities, and public transit, this is a location that makes daily living easy. **Live downstairs and let the rental income upstairs help offset your mortgage and monthly expenses!** An affordable opportunity with flexibility, income potential, and room to enjoy. Don't miss it! (id:50861)
Property details
- Property type
- Multi-family
- Building type
- Duplex
- Lot size
- X / 0.115 AC
- Year built
- 1900
- Annual taxes
- $2,555
- Parking
- Other
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas, Furnace
- MLS® number
- 26026858
Mortgage calculator
Estimate only, using Canadian semi-annual compounding. Excludes property tax, home insurance and mortgage default insurance (required with less than 20% down). Talk to a lender for an exact quote. More calculators: insurance, affordability, land transfer tax →
Location
Listed by: RE/MAX PREFERRED REALTY LTD.. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.