50 Lorne Avenue Chatham-Kent, Ontario N7M 1R9
$425,000
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:47351)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X12128304 |
| Property Type | Multi-family |
| Community Name | Chatham |
| Equipment Type | Water Heater, Furnace |
| Parking Space Total | 1 |
| Rental Equipment Type | Water Heater, Furnace |
Building
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,200 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 94 Ft ,5 In |
| Size Frontage | 73 Ft ,3 In |
| Size Irregular | 73.28 X 94.46 Ft |
| Size Total Text | 73.28 X 94.46 Ft |
| Zoning Description | Rl3 |
https://www.realtor.ca/real-estate/28268487/50-lorne-avenue-chatham-kent-chatham-chatham
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October 15 2025 01:54:55
Central Lakes Association of REALTORS®
Royal LePage Frank Real Estate