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18-20 Lorne Avenue Chatham, Ontario N7M 1R5

5 Bedroom 3 Bathroom 2327
None Forced Air

$429,900

Attention investors!! Check out this well - maintained centrally located triplex. The property features 2 - 2 bedroom units and 1 - 1 Bedroom unit. All units have 2 parking spaces, separate entrances and each feature in-suite laundry. The back 1 Bedroom unit, and upper 2 bedroom unit have been renovated in the last 3 years and all 3 tenants are currently up to date. Rent is as follows: LWR 2 Bed (933.57 inclusive) UP 2 Bed ($1,350 + hydro) and 1 Bedroom ($1,150 + Hydro). LL currently responsible for LWR 2 bed Hydro, House Hydro/Water and Gas. Furnace + A/C in great condition and new on-demand water tank installed 2022. New steel roof over 1 bedroom unit in 2020. Most windows have been updated in the last 5 years!! 2023 Expenses $11,414 (Utilities/property tax/Insurance). (id:49476)

Property Details

MLS® Number 40528443
Property Type Multi-family
Amenities Near By Park
Parking Space Total 8

Building

Bathroom Total 3
Bedrooms Total 5
Basement Type None
Cooling Type None
Exterior Finish Aluminum Siding, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2327
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park
Sewer Municipal Sewage System
Size Depth 104 Ft
Size Frontage 48 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rl3

https://www.realtor.ca/real-estate/26409814/18-20-lorne-avenue-chatham

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