$295,000
For sale: Multiplex

Well-maintained side-by-side duplex located on the corner of West and Gray Street in Chatham, offering strong investment potential with both units vacant and ready for market rents. 125 Gray Street has been newly renovated, providing 1+ bedroom and a modern, turnkey living space, and private fenced in yard, while 168 West Street offers a solid 2-bedroom layout with great upside, small fenced in yard and great covered porch. Recent updates include a sewer system upgrade completed in June 2024, adding long-term value and peace of mind. Situated in a central area close to amenities, this property is ideal for investors or owner-occupants looking to set their own rents. Current market data indicates average rents for 2-bedroom units in Chatham range approximately between $1,550–$1,700+ per month depending on condition and location. An opportunity to secure a fully vacant duplex with immediate income potential and flexibility to maximize returns.
Schools
Chatham has 16 Fraser Institute–rated schools (13 elementary and 3 secondary), averaging 4.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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