26 Florence StreetChatham-Kent, Chatham-Kent, ON, N7L 3G1
26 Florence StreetChatham-Kent, Chatham-Kent, ON, N7L 3G1
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Buy/sell history for 26 Florence Street, Chatham-Kent, ON N7L 3G1
| Date Start | Date End | Event | Price | MLS# |
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Current valuation for 26 Florence Street, Chatham-Kent, ON N7L 3G1. Listed for $890,000 on 2026-11-02
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Description
Excellent investment opportunity! This legal two-storey fourplex features four bright, spacious, and updated self-contained residential units-including one 3-bedroom, two 1-bedrooms,and one bachelor suite. All four units were fully renovated in 2021 with brand-new appliances, a new roof (asphalt shingles), updated windows, and new AC systems. Three units enjoy separate hydro meters, furnaces, and dedicated AC, while Unit 4 shares services with Unit 3. Current monthly residential rental income is $5,015, plus additional income potential from the former coin-operated laundry area. The generous lot easily accommodates 4-5 front parking spaces and features a large backyard offering potential for an additional residential unit (subject tomunicipal zoning, approvals, and permits). Conveniently located within walking distance of schools, shopping, restaurants, public transit, parks, an arena, and a community pool, this isa turn-key income-producing property with massive upside!
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$890,000
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