31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham
    • 31 Adelaide STREET North Chatham

31 Adelaide STREET North, Chatham

$379,900

Attention investors looking for a distinguished investment residence offering exceptional income potential. This fully renovated multi residential home zoned RL2 with units in the upper, middle, and lower floors offers a rare opportunity to set your own rents and maximize returns from day one with vacant possession available. All units are self contained with private entrances, updated kitchens and bathrooms, new flooring, lighting, and appliances throughout. With approximately $80,000 in recent upgrades, including electrical panels, plumbing updates, exterior improvements, and a new waterline, this is a low-maintenance asset with significant capital improvements already completed. Two units are currently vacant and market rent is estimated at approximately $1,500 per month per unit, all inclusive. The lower unit is owner-occupied and will be vacant on closing, allowing the buyer full flexibility to establish market rents. Operating expenses are estimated at approximately 9,000 per year (to be verified by the Buyer), providing a strong opportunity to stabilize the asset and optimize cash flow. Additional features include shared laundry, ample on-site parking, and a refreshed exterior with new siding, fencing, and outdoor space. Situated in a desirable North Chatham enclave, just moments from downtown boutique shopping, dining, and everyday conveniences - offering both lifestyle and investment appeal. This property is well-positioned to attract strong tenant demand. (id:58875)

  • Listing ID: 26008870
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Second Level4pc BathroomMeasurements not available
Second LevelBedroom13 ft ,2 in x 9 ft ,1 in
Second LevelFoyerMeasurements not available
Second LevelKitchen13 ft ,1 in x 8 ft ,11 in
Second LevelLiving Room13 ft ,1 in x 10 ft ,2 in
Lower LevelBedroom10 ft ,1 in x 9 ft ,5 in
Lower Level4pc BathroomMeasurements not available
Lower LevelLiving Room17 ft ,5 in x 12 ft
Lower LevelKitchen10 ft ,11 in x 8 ft
Main LevelBedroom12 ft ,3 in x 8 ft ,8 in
Main Level3pc BathroomMeasurements not available
Main LevelKitchen13 ft ,5 in x 10 ft ,2 in
Main LevelDining Room13 ft x 12 ft ,5 in
Main LevelLiving Room13 ft x 12 ft ,11 in

Details

  • Equipment: Water Heater - Gas
  • Ownership: Freehold
  • Rental Equipment: Water Heater - Gas
  • Transaction: For sale
  • Zoning Description: RL2

Building

  • Exterior Finish: Aluminum/Vinyl
  • Fireplace Present: False
  • Flooring: Ceramic/Porcelain, Laminate
  • Heating: Baseboard heaters, Forced air, Furnace
  • Heating Fuel: Electric, Natural gas
  • Stories Total: 2
  • Type: Duplex

Land

  • Size Irregular: X / 0.073 AC

This property for sale is located at 31 Adelaide STREET North in Chatham. It was last modified on April 22nd 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Chatham homes for sale.

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