For Sale: 146 Park Street, Chatham-Kent, ON - REW
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$379,900
6 bd • 4 ba • sf • House
146 Park Street
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$379,900
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146 Park StreetChatham-Kent, ON, N7M 3R6

  • 6 Bed
  • 4 Bath
  • Sqft
  • House

About this home

Attention investors and renovators! Opportunity awaits with this vacant Victorian-style fourplex located in Chatham offering strong income potential and the ability for a new owner to set their own market rents. With projected gross annual income potential of $60,000+ once completed and rented, this property presents an excellent value-add opportunity. The building features four self-contained units, each with separate entrances, including a desirable unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Full of character and architectural charm, this Victorian-style property offers excellent potential for investors looking to restore and improve a unique multi-family asset while building equity through renovations. Several important updates have already been completed while still leaving room for improvement inside and out. Most windows have been replaced throughout with others on site ready to install, and both 1-bedroom units feature updated bathrooms, flooring and drywall. The main floor 1-bedroom apartment is approximately 80% completed, allowing the next owner to finish to their own standards and vision. All materials currently on site and already purchased will be included with the sale, providing added value and convenience for ongoing work. Additional features include separate hydro meters for each unit, a durable steel roof, and parking for up to 6 vehicles. With all units currently vacant, this is a rare opportunity for investors to complete renovations and maximize rental income from day one without existing tenant limitations. A fantastic opportunity to own a character-filled multi-family property with strong upside potential in a growing rental market. (id:63626)
Listed by: DON MOYER, Sales Person, REALTY HOUSE INC. Brokerage

Home facts and features

Price details
List Price
$379,900
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Gross Taxes for 2025
$2,091
Home facts
Bedrooms
6
Full Bathrooms
4
Property Type
House
Depth
160 / 0.29 AC
Title
Freehold
Exterior Finish
Brick
Heating Type
Natural gas
Features
Gravel Driveway, Side Driveway
Agent details
Primary Agent
DON MOYER
Primary Broker
REALTY HOUSE INC. Brokerage
Listing details
Days on REW
19 Days
Property Views
26
MLS® Number
26011919
Source
Canadian Real Estate Association
Board
Chatham Kent Association of REALTORS®
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Property Insights

St Joseph Catholic School
  • Catholic
  • JK - 8
Queen Elizabeth II C Public School
  • Public
  • JK - 8
Victor Lauriston Public School
  • Public
  • JK - 8
Ursuline College (The Pines) Catholic Secondary School
  • Catholic
  • 9 - 12
St Ursula Catholic School
  • Catholic
  • JK - 8
Georges P Vanier Catholic School
  • Catholic
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 8
St Agnes Catholic School
  • Catholic
  • JK - 8
King George VI Public School
  • Public
  • 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
Sales Person
DON MOYER
Phone:
(519) 521-8730
Cell:
(519) 521-8730
Office:
519-354-3600
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