31 Adelaide STREET North, Chatham, Ontario

$399,999

Welcome to this 3-unit property in a quiet area of Chatham, offering exceptional flexibility for investors or multi-generational living. With a projected rental income of $5,000/month, this is a high-performing opportunity you won’t want to miss. The main floor and basement units are currently vacant, giving you the freedom to set your own rents or design the ideal multi-generational living arrangement. Each unit features its own private entrance, bright layout, and well-maintained finishes—appealing to both tenants and owner-occupants alike. The top-floor loft unit is already leased at $1,500/month (utilities included) and showcases vaulted ceilings, a walk-in closet, spa-like ensuite, and a modern open-concept design. The vacant main floor and basement units present excellent cash flow potential, whether you rent them immediately or tailor them for extended family use. Outside, tenants can enjoy a low-maintenance shared yard and ample on-site parking. Located in a desirable neighbourhood close to parks, schools, and everyday amenities, this property combines income potential with lifestyle convenience. (id:56241)

Listing ID: 25023656
Property Type: Multi-family
Year Built: 1900

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Rooms

Level	Type	Dimensions
Kitchen	Second level	Measurements not available
Bedroom	Second level	Measurements not available
4pc Bathroom	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Living room	Lower level	Measurements not available
Bedroom	Lower level	Measurements not available
4pc Bathroom	Lower level	Measurements not available
Kitchen	Lower level	Measurements not available
Living room	Main level	Measurements not available
Dining room	Main level	Measurements not available
Bedroom	Main level	Measurements not available
3pc Bathroom	Main level	Measurements not available
Kitchen	Main level	Measurements not available

Details

Ownership: Freehold
Transaction: For sale
Zoning Description: RL2

Building

Constructed Date: 1900
Exterior Finish: Aluminum/Vinyl
Fireplace Present: False
Flooring: Mixed Flooring
Heating: Baseboard heaters, Furnace
Heating Fuel: Natural gas
Stories Total: 3
Type: Duplex

Land

Size Irregular: 38 x 83 FT / 0.074 AC

Listing provided by JUMP REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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 31 Adelaide STREET North in Chatham Ontario. It was last modified on September 17th, 2025. Contact Beaumont & Associates to schedule a viewing or to discover other Chatham real estate for sale.

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