50 Lorne Ave, Unit #48
Chatham, Chatham-Kent
$460,000
Buy with Dwelly and Save $4,600
Home Details
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Listing Description
Opportunity Knocks at the Corner of Lorne & Raleigh! Welcome to this rarely offered fourplex in the heart of Chatham, perfectly situated on a prominent corner lot at Lorne Ave and Raleigh St. This fully detached building features four self-contained residential units, offering immediate income with room to grow. This is an excellent opportunity for investors looking to add value through future updates and exploration of the property's long-term potential. Zoned appropriately for multi-residential use, this property invites the next owner to bring their vision and capitalize on a solid, income-generating asset. Located close to schools, parks, transit, and just minutes from downtown Chatham. Don't miss your chance to secure a multi-unit property with strong upside in a growing community.
4 Stoves, 4 Fridges, Furnaces (2 rental, 1 owned), 1 Electric Wall Heater, HWTs (1 owned, 3 rental), All Electrical Fixtures
City: Chatham-Kent
Neighborhood: Chatham
Property History
Rooms
Room dimensions for 50 Lorne Ave, Unit #48, Chatham-Kent
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 50 Lorne Ave48 is 2538
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $460000 |
| Down Payment | $92000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $368000 |
Monthly Payment
| Mortgage Payment | $2268 |
| Property Taxes | $270 |
| Maintenance Fees | $0 |
| Monthly Payment | $2538 |
About 50 Lorne Ave, Unit #48, Chatham-Kent
Located at 50 Lorne Ave Unit #48, this Chatham-Kent house is available for sale. This property was listed for $460,000 on Thu May 08 2025. This house's size is 2000-2500 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: Living, Br, 2nd Br, Bathroom, Kitchen, Living, Kitchen, Bathroom, Br, 2nd Br, Living, Kitchen, Bathroom, Br, Living, Bathroom, Br, Kitchen. This property comes with 1 parking spots. 50 Lorne Ave, Chatham-Kent is situated in the Chatham neighbourhood.
MLS#: X12128313 · $460,000 · 6 bedroom house in Chatham, Chatham-Kent