Stylish modern updatesFresh paintDurable new flooringUpdated kitchenSeparate newer hvac systemsBrand-new roofBeautiful private backyard oasis
Welcome to a prime duplex investment opportunity at 185/187 Thames St., perfectly situated in the vibrant heart of Chatham, Ontario. This exceptionally well-maintained property features a highly desirable side-by-side configuration, making it an ideal acquisition for savvy real estate investors or buyers looking for a primary residence that generates substantial rental income. The property consists of two distinct units. The first is a well-maintained, tenant-occupied space currently generating reliable income at $1,100 per month, featuring stylish modern updates including fresh paint, durable new flooring, and an updated kitchen. The second unit is currently owner-occupied, and the seller will provide full vacant possession upon closing. This vacancy presents a phenomenal opportunity to either move in and "house hack" or optimize your portfolio by setting current market rent, which is conservatively estimated at $1,700 or more per month. Both units benefit from separate newer HVAC systems that ensure premium climate control and energy efficiency, a brand-new roof for total peace of mind, and separate dedicated laundry facilities located in the basement. Residents on both sides will love the access to a beautiful, private backyard oasis that offers a serene outdoor escape from the daily hustle. Parking is effortless with a long cement driveway that easily accommodates four vehicles, supplemented by ample street parking. Do not miss out on this turnkey gem!
50 days
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12
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1
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Zillow last checked:
Listing updated:
Listed by:
Chris Papple, Sales Person,
Royal Lepage Peifer Realty Brokerage Brokerage
Source: Windsor-Essex County AOR,MLS®#: 26016396Originating MLS®#: Chatham-Kent Association of REALTORS®
Facts & features
Interior
Heating
Natural Gas, Forced Air
Appliances
Included: Dryer, Refrigerator, Stove, Washer, Dryer, Refrigerator, Stove, Washer, Water Heater, Gas Water Heater
Features
Flooring: Laminate, Mixed Flooring
Property
Parking
Total spaces: 4
Parking features: Concrete, Parking Available
Features
Stories: 1
Lot
Dimensions: 51.48 X 102.96 Ft
Features: Acreage Info (Unknown)
Details
Zoning: RL3
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Aluminum/Vinyl
Foundation: Block
Roof: Asphalt Shingle
Utilities & green energy
Sewer: Sanitary
Water: Municipal Water
Utilities for property: Water Connected, Sewer Connected