Space
Finished area and layout
- Square Feet
- 2,000-2,500 sqft
- Bedrooms
- 4
- Bathrooms
- 3
4
Bedrooms
3
Bathrooms
2,000-2,500 sqft
Square Feet
56.5 x 104.9 FT
Lot
3
Parking
Property Snapshot
Key details for this listing
MLS #X13637634
Property
Type, style and structure
- Type
- residential
- Style
- triplex / Triplex
- Structure
- 2-Storey
- Ownership
About This Property
This 4-bedroom, 3-bathroom triplex in Chatham-Kent offers 2,000-2,500 sqft of square feet on a 56.5 x 104.9 FT lot. 2 storeys. The home features none, a none basement. Highlights include a none pool.
MLS Remarks
A rare value-add triplex in a centrally located CBD-zoned area, offering immediate income, strong upside, and future flexibility. This is an ideal opportunity for investors looking to reposition a multi-unit asset and force appreciation through renovations and rent optimization. The property consists of three self-contained units. One unit is currently tenanted, generating $850/month plus gas and hydro, providing in-place income from day one. The remaining two units are vacant and ready for renovation, including a one-bedroom and a two-bedroom suite. Both units present a clear opportunity to add value through updates and modernization, with strong upside once stabilized. The property is well-structured for investment efficiency with separate hydro and gas meters, allowing tenants to pay their own gas and hydro, while the landlord is responsible only for water. Each unit is serviced by its own gas furnace and dedicated electrical breaker panel, supporting independent utility control and ease of management. On-site parking is available for all units. Located close to downtown amenities and within CBD zoning, the property offers additional flexibility and long-term redevelopment potential beyond its current use. The property is being sold as-is, making it a strong fit for investors seeking a straightforward value-add opportunity with clear upside through repositioning. (id:60351)
Full Listing Details
Address41 Adelaide Street S, Chatham-Kent, ON N7M 4R1
MLS#X13637634
Listing StatusActive
Property TypeResidential
Sub-TypeTriplex
TransactionSale
List DateAug 4, 2026
Days on Market82
Common InterestFreehold
Annual Tax$2,337 (2025)
Parking3
Structure TypeTriplex
AttachedAttached
Style2-Storey
ConstructionBrick
Bedrooms4
Bathrooms3
Bedrooms Above Grade4
Square Feet2,000-2,500 sqft
Kitchens3
Stories2
CityChatham-Kent
ProvinceOn
Postal CodeN7M 4R1
Lot Dimensions56.5 x 104.9 FT
Frontage56.6 feet
Total Parking3
CoolingNone
BasementNone
RoofAsphalt Shingle
FoundationBrick, Stone
PoolNone
SewerSewer
Annual Tax$2,337 (2025)
ADELAIDE ST S & KING ST E
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