128 WEST STREET, Chatham-Kent (Chatham)
3 BEDS · 2 BATHS · 2000 - 2500 sqft
$299,000
This triplex offers high rental income and excellent flexibility for investors and owner-occupants alike. The property currently generates $3,260 per month in rental income across all three units, with separate hydro and gas meters for straightforward expense management. The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1,050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1,085 per month, inclusive. Unit 3 is a 1-bedroom unit now rented for $1,125 per month plus hydro and gas. Each unit has its own hydro and gas meter, while on-site laundry provides added convenience for tenants. Two of the units have been thoughtfully updated, blending modern finishes with the character of the building. Key mechanical updates include a furnace and hot water tank completed in 2023, along with renovations to Unit 1 in 2024 and Unit 3 in 2023. Unit 3 also received a new entrance in 2025, and the sewer and drain lines have been replaced and lined with CIPP for added long-term peace of mind. The property offers parking for two vehicles and a functional layout that continues to attract quality tenants. With all three units currently rented and a solid rental history, this is an excellent opportunity for an investor looking to add a cash-flowing property to their portfolio or an owner-occupant looking for a multi-unit property with established rental income. Located in Chatham, this triplex offers the income, flexibility and updates that make for a compelling investment opportunity.
General Info
| MLS Listing ID: X13731244 | Bedrooms: 3 | Bathrooms: 2 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Unknown | Roof: N/A | Title To Land: N/A | Parking Space Total: 2 |
| Parking: No Garage | Heating: Forced air | Size: 2000 - 2500 sqft | Air Conditioning : None |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Partial, Crawl space |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |















































