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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 850,000

Est. payment | -/mo

12 Beds

8 Baths

Save

$ 850,000

Est. payment | -/mo

Save

12 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Blenheim

MLS Listing ID X13014756

Style 2-Storey

Bedrooms 12

Annual Tax Amount $5,836

Tax Year 2025

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Chatham-kent

Area Chatham-Kent

Rooms

Family Room No

Basement Partially Finished

Kitchen 4

Separate Den/Office 4

Interior

Interior Features None

Cooling None

Inclusions 3 fridges. 4 stoves.

Exterior

Parking Features Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 82.3

Lot Depth 147.0

Total Parking Spaces 12

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX REALTRON REALTY INC.

Schools and Properties Nearby

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+1(647) 493-3579

info@tonyledi.com

CAN

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47 Sherman ST Chatham-kent, ON N0P 1A0