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$305,000 162/164 Raleigh Street, Chatham, Ontario
PROPERTY INFO
Turnkey Investment Opportunity – Fully Tenanted Triplex! Welcome to 162/162 1/2/164 Raleigh Street, Chatham, a well-maintained, income-producing triplex offering immediate cash flow with reliable long-term tenants already in place. Whether you're looking to expand your investment portfolio or purchase your first multi-family property, this fully tenanted building presents an great opportunity. The property features three self-contained residential units. At 162 Raleigh Street, the main floor offers a spacious 2-bedroom unit currently rented for $1,095/month plus heat and hydro, while 162 1/2, the upper 1-bedroom unit features a generous kitchen and bathroom and is rented for $724/month inclusive. At 164 Raleigh Street, you'll find a bright and spacious 3-bedroom unit currently rented for $1,785/month plus heat and hydro, providing strong rental income from a desirable unit. Tenants enjoy a covered balcony and an additional deck off the upper unit. Conveniently located close to schools, parks, shopping, restaurants, public transit, and other everyday amenities. With stable rental income, separate utility arrangements for the larger units, and a central location, this is an excellent opportunity for investors seeking a solid addition to their real estate portfolio. Please note: As the property is fully tenanted, a minimum of 24 hours' notice is required for all showings in accordance with tenant rights.
PROPERTY SPECS
Price $305,000
City Chatham, Ontario
Address 162/164 RALEIGH Street
Listing ID 26016011
Construction Aluminum/Vinyl
Roof Asphalt Shingle
Flooring Cushion or Lino or Vinyl
Type Multi-Family
Status For Sale


EXTRAS
Subtype Triplex Acreage 0.108 Ownership Freehold Foundation Concrete Heating / Cooling Baseboard Heaters, Furnace Heating Fuel Natural Gas Hot Water Tank Electric Utility Water Municipal Water Sewer Sanitary Date Listed Jul 4, 2026 Days on Market 23 Parking Gravel
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Grocery Stores
Schools
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Gas Stations
Banks
Parks
Transit
Police
Fire Station
Place of Worship

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