50 LORNE AVENUE, Chatham-Kent (Chatham)

2026-03-22
 

Quick Summary

Location
50 LORNE AVENUE, Chatham-Kent (Chatham), Ontario N7M1R9
Price
$349,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2500 - 3000 sqft
Bedrooms:
5
Bathrooms:
4
Garages:
1

MLS®#X12907100

Property Description

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. (id:32467)

Property Features

Building

  • Appliances: Stove, Refrigerator
  • Basement Development: Partially finished
  • Basement Type: N/A (Partially finished)
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 2500 - 3000 sqft
  • Building Type: Fourplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 72.2 x 93.4 FT

Zoning

  • Description: RL3

Information entered by EXP REALTY
Listing information last updated on: 2026-05-19 15:30:45


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$500,000

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What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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