153 Adelaide Street South Chatham, Ontario N7M 4R6

Baseboard Heaters, Forced Air, Furnace

$299,900

**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:49269)

Property Details

MLS® Number 26026858
Property Type Multi-family
Equipment Type Water Heater - Electric
Rental Equipment Type Water Heater - Electric

Building

Amenities Laundry Facility, Shopping Area
Constructed Date 1900
Exterior Finish Aluminum/vinyl
Flooring Type Laminate, Cushion/lino/vinyl
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air, Furnace
Stories Total 2
Type Duplex

Parking

Other 2

Land

Acreage No
Size Irregular X / 0.115 Ac
Size Total Text X / 0.115 Ac|0-0.25 Acre
Zoning Description Rl3

Rooms

Level Type Dimensions
Second Level Living Room Measurements not available
Second Level Kitchen Measurements not available
Second Level Bedroom Measurements not available
Second Level 3pc Bathroom Measurements not available
Basement Laundry Room Measurements not available
Basement Utility Room Measurements not available
Main Level Kitchen Measurements not available
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom Measurements not available
Main Level Primary Bedroom Measurements not available
Main Level Bedroom Measurements not available
Main Level Living Room Measurements not available

https://www.realtor.ca/real-estate/30472310/153-adelaide-street-south-chatham

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