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About this home
5 Tiffany Street, Chatham-Kent
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.Please provide 24 hour notice on all showings.
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Rooms
15 rooms · 2 bathrooms
- Living room11′3″ × 11′2″126 sq.ft.
- Kitchen11′6″ × 11′1″128 sq.ft.
- Bedroom10′10″ × 7′10″85 sq.ft.
- Living room13′ × 11′11″155 sq.ft.
- Laundry10′7″ × 6′5″68 sq.ft.
- Bathroom9′10″ × 8′10″87 sq.ft.
- Bedroom 213′6″ × 10′2″138 sq.ft.
- Laundry13′9″ × 4′55 sq.ft.
- Bedroom14′10″ × 8′6″126 sq.ft.
- Bedroom 213′6″ × 9′11″134 sq.ft.
- Bathroom6′4″ × 5′11″37 sq.ft.
- Bedroom 311′5″ × 10′114 sq.ft.
- Bedroom11′9″ × 9′10″115 sq.ft.
- Recreation9′7″ × 7′67 sq.ft.
- Utility room8′ × 7′7″61 sq.ft.
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