Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered commercial fourplex in the heart of Chatham, perfectly situated on a prominent corner lot at Lorne Ave and Raleigh St. This fully detached building features four self-contained residential units, offering immediate income with room to grow. This is an excellent opportunity for investors looking to add value through future updates and exploration of the property's long-term potential. Zoned appropriately for multi-residential use, this property invites the next owner to bring their vision and capitalize on a solid, income-generating asset. Located close to schools, parks, transit, and just minutes from downtown Chatham. Don't miss your chance to secure a multi-unit property with strong upside in a growing community. (id:4069)
Address
50 LORNE AVENUE
List Price
$460,000
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Chatham Kent (chatham)
Floor Area
2,200 Sq. Ft.
Lot Size
73.28 x 94.46 FT Sq. Ft.
MLS® Number
X12128304
Listing Brokerage
ROYAL LEPAGE FRANK REAL ESTATE
Postal Code
N7M1R9
Zoning
RL3
