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Est. payment | -/mo

4 Beds

2 Baths

Save

Est. payment | -/mo

Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Chatham

MLS Listing ID X13050006

Style 1 1/2 Storey

Bedrooms 4

Annual Tax Amount $4,000

Tax Year 2025

Property Sub-Type Duplex

Property Description

Welcome to 141-143 Park Avenue E - a unique property offering ML (General Industrial) zoning with a wide range of permitted uses, combined with strong existing income potential. The property is currently fully renovated and fully furnished, featuring two functional units with proven short-term rental (Airbnb) potential generating up to ~$6,000/month, depending on occupancy and management. Ideal for investors seeking immediate income with future upside. ML zoning allows for various commercial and industrial uses including office, warehouse, service shop, storage, and wholesale operations with accessory retail. The zoning also permits uses such as a car wash (automatic or manual), presenting a potential value-add opportunity for buyers looking to reposition or redevelop the property over time. Seller indicates that, subject to approvals and buyer due diligence, a future car wash setup could be explored with additional investment. All development potential is subject to municipal approvals, servicing, environmental considerations, and feasibility review. Strategically located in a growing area, just minutes to Highway 401 and approximately 5 minutes to downtown, offering excellent accessibility. The area continues to see development activity, including nearby commercial growth such as a newly opened gas station and major retail brands. A rare opportunity combining current income with long-term flexibility and upside. Buyer to verify zoning, permitted uses, compliance, and all future development potential with the Municipality of Chatham-Kent.

Location

Province ON

County Chatham-kent

Area Chatham-Kent

Rooms

Family Room No

Basement Separate Entrance

Kitchen 2

Interior

Interior Features Carpet Free, Separate Hydro Meter, Sump Pump, Water Heater Owned

Cooling Central Air

Inclusions Two fridge, Two Stoves, Two washer dryer, Two Dishwashers

Exterior

Pool None

Roof Type Metal

Lot Frontage 60.0

Lot Depth 150.0

Total Parking Spaces 6

Building

Building Age 51-99

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by HOMELIFE/MIRACLE REALTY LTD

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141 Park AVE E #143 Chatham-kent, ON N7M 3V7