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153 Adelaide STREET South, Chatham

$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!

General Info


MLS Listing ID: 26026858 Bedrooms: 0 Bathrooms: 0 Year Built: 1900
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block Roof: N/A Title To Land: Freehold Parking Space Total: 0
Parking: Other Heating: Baseboard heaters, Forced air, Furnace Size: N/A Air Conditioning : N/A
Home Style: N/A Finished Floor Area: Laminate, Cushion/Lino/Vinyl Fireplaces: N/A Basement: N/A
Water Supply: N/A Road Type: N/A Pool Type: N/A
Listed BY: DANIELLE SIMARD, RE/MAX PREFERRED REALTY LTD.

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