454 King Street West Chatham, Ontario N7M 1G5

Central Air Conditioning

$585,000

Exceptional Triplex Investment Opportunity...Discover this well-maintained triplex offering the perfect blend of strong income potential and long-term value. Featuring three self-contained units, this property is ideal for investors seeking reliable rental income or owner-occupants looking to offset mortgage costs by living in one unit while renting the others. Each unit offers a functional layout with bright living spaces, six spacious bedrooms, and well-appointed kitchens and bathrooms. The property is clean and immaculate and has been thoughtfully maintained and provides separate entrances, ample parking, and generous outdoor space with managed gardens and outdoor relaxing space for tenants to enjoy. Conveniently located near schools, Hospital, parks, shopping, public transit, and major commuter routes, this triplex appeals to a wide range of tenants, helping to support consistent occupancy. Whether you're expanding your investment portfolio or purchasing your first multi-family property, this is a rare opportunity to own a versatile, income-producing asset in a desirable location. Don't miss your chance to secure a property that offers immediate cash flow and excellent long-term appreciation potential. Two vacant units allow to set your own rents with one long term 17 year tenant that takes care of the lawn and garden spaces finished with love and expertise. Good, safe value. (id:49269)

Property Details

MLS® Number 26015655
Property Type Multi-family

Building

Amenities Laundry Facility
Constructed Date 1969
Cooling Type Central Air Conditioning
Exterior Finish Aluminum/vinyl, Brick
Flooring Type Hardwood, Mixed Flooring
Foundation Type Block
Heating Fuel Natural Gas
Stories Total 2
Type Triplex

Parking

Other 2

Land

Acreage No
Size Irregular 65 X Irregular / 0.17 Ac
Size Total Text 65 X Irregular / 0.17 Ac|0-0.25 Acre
Zoning Description Rl2

Rooms

Level Type Dimensions
Second Level 4pc Bathroom 8 ft x 7 ft
Second Level Laundry Room 11 ft x 9 ft
Second Level Bedroom 13 ft x 11 ft
Second Level Bedroom 13 ft x 11 ft
Second Level Kitchen 13 ft x 9 ft
Second Level Dining Room 13 ft x 11 ft
Second Level Living Room 20 ft x 12 ft
Lower Level Storage 13 ft x 6 ft
Lower Level Bedroom 13 ft x 8 ft
Lower Level Bedroom 15 ft x 12 ft
Lower Level Laundry Room 10 ft x 8 ft
Lower Level 4pc Bathroom Measurements not available
Lower Level Kitchen 14 ft x 13 ft
Lower Level Living Room/dining Room 27 ft x 14 ft
Main Level Laundry Room 11 ft x 9 ft
Main Level 4pc Bathroom 8 ft x 7 ft
Main Level Bedroom 13 ft x 11 ft
Main Level Bedroom 13 ft x 11 ft
Main Level Kitchen 13 ft x 9 ft
Main Level Dining Room 13 ft x 11 ft
Main Level Living Room 20 ft x 12 ft
Main Level Enclosed Porch 8 ft x 6 ft

https://www.realtor.ca/real-estate/29993293/454-king-street-west-chatham

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