185 Thames STREET Chatham

185 Thames STREET, Chatham

$305,000

Welcome to a prime duplex investment opportunity at 185/187 Thames St., perfectly situated in the vibrant heart of Chatham, Ontario. This exceptionally well-maintained property features a highly desirable side-by-side configuration, making it an ideal acquisition for savvy real estate investors or buyers looking for a primary residence that generates substantial rental income. The property consists of two distinct units. The first is a well-maintained, tenant-occupied space currently generating reliable income at $1,100 per month, featuring stylish modern updates including fresh paint, durable new flooring, and an updated kitchen. The second unit is currently owner-occupied, and the seller will provide full vacant possession upon closing. This vacancy presents a phenomenal opportunity to either move in and ""house hack"" or optimize your portfolio by setting current market rent, which is conservatively estimated at $1,700 or more per month. Both units benefit from separate newer HVAC systems that ensure premium climate control and energy efficiency, a brand-new roof for total peace of mind, and separate dedicated laundry facilities located in the basement. Residents on both sides will love the access to a beautiful, private backyard oasis that offers a serene outdoor escape from the daily hustle. Parking is effortless with a long cement driveway that easily accommodates four vehicles, supplemented by ample street parking. Do not miss out on this turnkey gem! (id:58875)

  • Listing ID: 26016396
  • Property Type: Multi-family

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Details

  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: RL3

Building

  • Exterior Finish: Aluminum/Vinyl
  • Fireplace Present: False
  • Flooring: Laminate, Mixed Flooring, Cushion/Lino/Vinyl
  • Foundation: Block
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 1
  • Type: Duplex

Land

  • Size Irregular: 51.48 X 102.96 ft / 0 AC

This property for sale is located at 185 Thames STREET in Chatham. It was last modified on July 8th 2026. Let us connect you with the listing agent to schedule a viewing or to discover other Chatham homes for sale.

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