31 Adelaide STREET North, Chatham, Ontario, N7M 4K2

Property Information:

Discover this versatile three-unit property located in a peaceful yet central Northside Chatham neighbourhood. Enjoy the convenience of walking downtown to shops, bars, and restaurants, as well as nearby Tecumseh Park, Four Diamond Events, and the Cultural Centre—perfect for those who value an active, community-focused lifestyle. Ideal for investors or multi-generational living, this property offers vacant possession on all units, allowing you to set your own rents and maximize income potential. The lower unit is currently owner-occupied. With over $80,000 in recent upgrades, this turnkey property is truly move-in ready. Each unit is tastefully finished and features updated kitchens and bathrooms, new laminate flooring, modern light fixtures, fresh paint throughout, and brand-new appliances. Electrical upgrades include new panels for both the main and garden levels. Shared laundry is conveniently located on the main floor with washer and dryer hookups. Exterior improvements are equally impressive and include new vinyl siding, eavestroughs, lattice, fencing and gate, new front door, upgraded steps to the garden level, fresh gravel, new sod in the backyard, and a newly enclosed patio—creating an inviting, low-maintenance outdoor space. All water piping has been upgraded to PVC, a new waterline has been installed from the main road, and the sewage system and associated piping have recently been cleaned. Each unit offers its own private entrance, bright and functional layouts, and well-maintained finishes that appeal to both tenants and owner-occupants. With ample on-site parking and a shared outdoor area, this well-located property delivers the perfect balance of lifestyle convenience and solid income potential. (id:27)