For Sale: 47 Sherman Street, Chatham-Kent, ON - REW
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$850,000
8 + 4 bd • 8 ba • 2500 - 3000 sf • Fourplex
47 Sherman Street
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$850,000
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47 Sherman StreetChatham-Kent, ON, N0P 1A0

  • 8 + 4 Bed
  • 8 Bath
  • 2500 - 3000 Sqft
  • Fourplex

About this home

Welcome to 47 Sherman Street in Chatham - a rare opportunity to acquire a legal, purpose-built four-unit residential income property. Whether you're an investor looking to expand your portfolio or a buyer seeking strong rental potential, this property offers both immediate income and significant upside. Comprised of four self-contained units, the building provides a solid multi-residential layout with one unit currently vacant - perfect for a buyer to renovate and set their own market rent. The remaining units offer existing tenancy, allowing for income while improvements are made over time. This is an ideal value-add opportunity. With strategic renovations and updates, there is clear upside potential to increase rental income and overall property value. Improve the units, optimize tenant quality, and lease at today's market rates to unlock the asset's full earning potential. Situated in a convenient Chatham location close to amenities, schools, and transit, this property is well-positioned for consistent rental demand. Whether you're looking to renovate, reposition, and maximize returns, or simply add a stablemulti-unit asset to your portfolio, 47 Sherman Street delivers on both flexibility and future growth.
Listed by: Varun Sriskanda, Salesperson, RE/MAX REALTRON REALTY INC.

Home facts and features

Price details
List Price
$850,000
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Gross Taxes for 2025
$5,836
Home facts
Bedrooms
8 + 4
Full Bathrooms
8
Parking Spaces
12
Parking Details
Available
Property Type
Fourplex
Lot Size
82 ft x 147 ft (12098 ft²)
Depth
147.0
Frontage
82.3
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Basement Details
Partially Finished
Agent details
Primary Agent
Varun Sriskanda
Primary Broker
RE/MAX REALTRON REALTY INC.
Listing details
Days on REW
53 Days
Property Views
15
MLS® Number
X13014756
Source
Toronto Real Estate Board
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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Thamesville Area Central Public School
  • Public
  • JK - 8
Good Shepherd Catholic School
  • Catholic
  • JK - 8
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
Varun Sriskanda
Phone:
647-570-5871
Office:
905-554-0101
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.