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Est. payment /mo
New
5 Tiffany ST Chatham-kent, ON N0P 2C0
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Chatham-Kent
MLS Listing ID X13499560
Style 2-Storey
Bedrooms 6
Annual Tax Amount $1,989
Tax Year 2025
Property Sub-Type Duplex
Property Description
Turnkey Duplex Opportunity! Discover this fully converted duplex situated on an impressive approximately -acre lot in a desirable neighbourhood in Ridgetown. Extensively renovated in 2022, this low-maintenance property is an excellent opportunity for investors and owner-occupants alike. The duplex features two spacious rental units generating a combined $3,520 per month in rental income. The front unit rents for $1,725/month (all-inclusive), while the rear unit rents for $1,795/month, with the tenant responsible for their own gas service. Designed with tenant appeal in mind, each unit enjoys its own private backyard space, offering added privacy and outdoor living that's rarely found in duplex properties. The generous lot also provides ample parking and plenty of room to enjoy. With extensive updates already completed and reliable rental income in place, this property offers a seamless investment opportunity from the day you take possession. Whether you're expanding your investment portfolio or searching for your first home, this property also presents an excellent house-hacking opportunity-live in one unit while the rental income from the other helps offset your mortgage and monthly expenses. Don't miss this opportunity to own a fully renovated income property with exceptional flexibility, offering the potential to generate income from day one while building long-term wealth.
Location
Province ON
County Chatham-kent
Area Chatham-Kent
Zoning R3
Rooms
Family Room No
Basement Partial Basement
Kitchen 2
Separate Den/Office 1
Interior
Interior Features On Demand Water Heater
Cooling None, Window Unit(s)
Inclusions 2 Fridges, 2 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers.
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 88.0
Lot Depth 123.42
Total Parking Spaces 6
Building
Foundation Brick, Concrete, Stone
Others
Senior Community No
ParcelsYN No
Listed by MATCH REALTY INC.,