55 Raleigh Street, Chatham, Ontario, N7M2M6
This multi-family property in Chatham is for sale. It has been on the market 50 days, fresher than the Chatham average of 76 days.




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$399,000
Chatham
*** VACANT INVESTMENT PROPERTY*** Currently divided into 2 sizeable, 3 bedroom, residential units with separate entrances. This property has been stripped to it's bones and offers the perfect opportunity for an eager handyman or investor to work their magic and turn this blank canvas into a beautiful masterpiece!!! With a multitude of zoning uses, there are no limits to what it can become. Set up a showing to view today and let your imagination run wild with possibilities!!! ** Being sold in AS IS condition** (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 76 days across the listings currently for sale in this city
This multi-family in Chatham has been listed for 50 days, which is 26 days fresher than the city average of 76. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 5.6× the local median household income of $71,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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