For Sale: 128 West Street, Chatham-Kent, ON - REW
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$324,900
3 bd • 2 ba • 2000 - 2499 sf • Multifamily
128 West Street
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$324,900
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128 West StreetChatham-Kent, ON, N7M 2R6

  • 3 Bed
  • 2 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

This triplex offers strong rental income and excellent flexibility for both investors and owner-occupants. The property currently generates $2,135 per month from two tenanted units, with a third unit vacant that was previously rented for $1,195 per month plus utilities, bringing the potential gross monthly income to $3,330.The building features three self-contained units, including a spacious 2-bedroom unit and two 1-bedroom units. Unit 1 is a 1-bedroom currently rented for $1,050 per month plus hydro and gas. Unit 2 is a 2-bedroom unit rented for $1,085 per month, inclusive. Unit 3 is a 1-bedroom that is currently vacant and was previously rented for $1,195 per month plus hydro and gas. The vacant unit is move-in ready, making it ideal for a buyer looking to set market rent or move in and offset their mortgage. Each unit has separate hydro and gas meters, allowing for straightforward expense management and added investor appeal. On-site laundry is available for tenant convenience. Two of the units have been thoughtfully updated, blending modern finishes with character. Key mechanical updates include a furnace and a hot water tank completed in 2023. Additional improvements include renovations to Unit 1 in 2024 and Unit 3 in 2023, a new entrance for Unit 3 completed in 2025, and sewer and drain lines that have been replaced and lined with CIPP for long-term peace of mind. The property also offers parking for two vehicles and a functional layout that continues to attract quality tenants. Whether you're expanding your portfolio or entering the market with a house hacking strategy, this is a solid income-generating opportunity in Chatham. (id:63626)
Listed by: TAYLOR IVANY, Salesperson, BLUE FOREST REALTY INC.

Home facts and features

Price details
List Price
$324,900
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Gross Taxes for 2026
$2,158
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Depth
106.8 feet
Frontage
49.1 feet
Exterior Finish
Aluminum siding, Vinyl siding
Heating Type
Forced air, Natural gas
Basement Details
Partial, Crawl space
Appliances
Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
TAYLOR IVANY
Primary Broker
BLUE FOREST REALTY INC.
Secondary Agent
LARA CUTLER
Secondary Broker
BLUE FOREST REALTY INC.
Listing details
Days on REW
41 Days
MLS® Number
X13062164
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Property Insights

St Joseph Catholic School
  • Catholic
  • JK - 8
Victor Lauriston Public School
  • Public
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 8
Ursuline College (The Pines) Catholic Secondary School
  • Catholic
  • 9 - 12
St Ursula Catholic School
  • Catholic
  • JK - 8
St Agnes Catholic School
  • Catholic
  • JK - 8
Queen Elizabeth II C Public School
  • Public
  • JK - 8
John N Given Public School
  • Public
  • JK - 8
Georges P Vanier Catholic School
  • Catholic
  • JK - 8
John McGregor Secondary School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
TAYLOR IVANY
Phone:
(519) 614-0405
Cell:
519-614-0405
Office:
519-649-1888
Salesperson
LARA CUTLER
Phone:
226-234-1221
Cell:
226-234-1221
Office:
519-649-1888
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