217 Selkirk Street Chatham, Ontario N7L 1Z3

Central Air Conditioning Forced Air

$439,000

Attention investors!! Here’s a turnkey legal duplex offering immediate cash flow! This fully renovated income property is generating $3,250/month ($39,000/year) in rental income, with the lower 2-bedroom unit rented at $1,850/month + hydro and the upper 1-bedroom unit at $1,400/month + hydro and gas. Both units have separate utilities but water is included and on 1 metre. When you step inside you will find extensive upgrades throughout including new kitchens with quartz countertops, new bathrooms with custom porcelain tile, waterproof laminate flooring, new drywall, insulation, trim, doors, pot lights, and modern finishes top to bottom. Upper unit wall furnace, lower unit furnace and A/C, Exterior improvements include two brand-new front porches, new deck and fencing, and separate driveways—parking for 4 vehicles (lower unit) and 2 vehicles (upper unit). Whether you're an investor adding a quality asset to your portfolio or a buyer looking to offset your mortgage by living in the top unit and renting the lower, this property delivers on value, style, and income potential. Don’t miss this exceptional opportunity! 24 hour notice for all showings (id:61635)

Property Details

MLS® Number 25019645
Property Type Multi-family

Building

Cooling Type Central Air Conditioning
Exterior Finish Aluminum/vinyl
Flooring Type Ceramic/porcelain, Laminate
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex

Parking

Other 6

Land

Acreage No
Size Irregular 47.92 X 132.68 / 0.153 Ac
Size Total Text 47.92 X 132.68 / 0.153 Ac|under 1/4 Acre
Zoning Description Rl3

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