48 - 50 Lorne Avenue

Chatham

48 - 50 Lorne Avenue
48 - 50 Lorne Avenue
48 - 50 Lorne Avenue
+8
6
 bed
4
 bath
1
 parking
2000 - 2500
 sqft
Fourplex
$425,000
For Sale
109 days
 on site
$425,000
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Size
-
Lot size
-
Street frontage
-
Possession
Immediate
Price per sqft
$170 - $213
Taxes
$3,394.41 (2025)
Parking Type
-
Style
2-Storey
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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.
Broker: ROYAL LEPAGE FRANK REAL ESTATE
MLS®#: X12128313
Property details
Parking:
Yes
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
73 Ft
Lot depth:
94 Ft
Listed on:
May 6, 2025
Show all details
Rooms
LevelNameSizeFeatures
Second
Kitchen
9.3 x 9.8 ft
Second
Bathroom
5.3 x 8.5 ft
Ground
Bathroom
7.6 x 7.8 ft
Show all
Instant estimate:
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$11,548
lower than listed price
i
High
$440,015
Mid
$413,452
Low
$402,205
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About 48 - 50 Lorne Avenue

48 - 50 Lorne Avenue is a Chatham fourplex for sale. It has been listed at $425000 since May 2025. This 2000-2500 sqft fourplex has 6 beds and 4 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this fourplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.