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50 LORNE AVENUE Chatham-Kent

50 LORNE AVENUE, Chatham-Kent, Ontario

$349,000

  • 5 Beds
  • 4 Baths

Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability. The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone. (id:50212)

  • Listing ID: X12907100
  • Property Type: Multi-family

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Details

  • Equipment: Water Heater, Furnace
  • Parking Spaces: 1
  • Rental Equipment: Water Heater, Furnace
  • Transaction: For sale
  • Zoning Description: RL3

Building

  • Appliances: Stove, Refrigerator
  • BasementType: N/A (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 5
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Concrete
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2500 - 3000 sqft
  • Stories Total: 2
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Size Frontage: 72 ft ,2 in
  • Size Irregular: 72.2 x 93.4 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 50 LORNE AVENUE in Chatham Ontario. It was last modified on March 22nd, 2026. Contact The TanTeam to schedule a viewing or to discover other Chatham homes for sale.

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